TABLE-Russia sees strong demand at OFZ govt bond auctions

May 20, 2015 3:03 PM

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MOSCOW May 20 Russia's Finance Ministry sold all 20 billion roubles ($400 million) of OFZ government bonds it offered at two auctions on Wednesday. The auctions were well bid.

It sold 10 billion roubles of floating-coupon bonds maturing in 2017 at an average yield of 11.30 percent and 10 billion roubles of fixed-coupon bonds maturing in 2028 at an average yield of 10.56 percent.

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