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)