Date: 3 months ago   Category: Finance

The Ministry of Finance has cancelled auctions for placement of federal loan bond because of volatility of the financial markets — Rambler News Service


The Ministry of Finance of the Russian Federation won't hold on August 22 auctions for placement of the federal loan bonds (FLB), it is said in the statement of department. The Ministry of Finance has noted that such decision is made in connection with sharply increased volatility of the financial markets and also taking into account opinions of participants of the debt market who constantly participate in the federal loan bonds auctions. "After stabilization of a situation in the debt market the Ministry of Finance of the Russian Federation will resume holding auctions for placement of federal loan bond on a regular basis" — have reported in the Ministry of Finance.

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