Thursday January 23, 2020

Russia cancels fifth ruble bond auction in six weeks

Russia cancelled a fifth ruble bond auction in six weeks after yields jumped the most in three weeks yesterday amid protests in eastern Ukraine.

8th April, 2014
The Finance Ministry pulled tomorrow’s sale because of “current market conditions".

Russia cancelled a fifth ruble bond auction in six weeks after yields jumped the most in three weeks yesterday amid protests in eastern Ukraine.

The Finance Ministry pulled tomorrow’s sale because of “current market conditions,” it said in a statement on its website today. The yield on ruble debt due February 2027 fell 10 basis points to 8.93 per cent as of 3:20 pm in Moscow, after jumping 17 basis points yesterday, the most since March 14.

...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 3 weeks ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago