April 17, 2018 / 1:39 PM / 6 months ago

Russia resumes OFZ auctions, to offer 20 billion rubles of bonds on Wednesday

MOSCOW (Reuters) - Russia will offer a total of 20 billion rubles ($324.06 million) of OFZ Treasury bonds on Wednesday, resuming regular auctions after a pause last week, the finance ministry said on Tuesday.

The ministry, which last week canceled a bond sale citing poor market conditions, will offer 10 billion rubles in bonds maturing on Dec. 15, 2021 RU25083=MM, and 10 billion rubles in bonds due on Nov. 16, 2022 RU29012=MM at two auctions.

Reporting by Andrey Ostroukh, writing by Maria Kiselyova, editing by Andrey Ostroukh

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