Tag: OFZ

Russian Ruble Firms Versus Dollar, OFZ Bonds Near 2-month Highs

April 19, 2022
Business & Economyeconomic policieseconomyEuropeForexMarketsOFZrubleRussiaRussia-Ukraine WarstocksWorld
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The Russian ruble firmed against the dollar on Tuesday, while prices for OFZ government bonds rose to their highest since Feb. 21 on expectations that the central bank would soon cut interest rates again. The ruble has fully recovered to levels seen before Feb. 24 when Russia sent tens of thousands of troops to Ukraine,…

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Russia Paid Coupons on Seven OFZ Bond Issues: Finance Minister

March 31, 2022
bondBusiness & EconomycouponseconomyEuropeInternationalMarketsministerOFZRussiaWorld
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Russia’s finance ministry has paid 50.2 billion roubles ($616 million) in coupons on seven OFZ treasury bond issues, data on its website showed. The payments come as the finance ministry is due to make a $447 million coupon payment on Thursday on a dollar Eurobond that matures in 2030. Investors are watching closely Moscow’s servicing…

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