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7.1
Russia cancels OFZ auction as demand dries up, funding costs rise
OKO.press·RU·about 21 hours ago
Russia's Ministry of Finance announced an auction for OFZ-PD series 26228 on September 30, offering the remaining available placement volume. This routine debt issuance signals continued access to domestic capital markets despite sanctions. The auction's outcome will gauge investor appetite for Russian sovereign debt amid geopolitical tensions.