MinFin returning to primary OFZ market, to offer two issues worth 25 bln rubles each, including new floater

MOSCOW. Oct 18 (Interfax) - The Russian Finance Ministry is returning to the primary market for federal loan bonds or OFZ after a one-month pause: it will offer two OFZ issues worth 25 billion reach, including a new "floater" issue, on October 19.

The ministry said on its website that its first auction would be for the new OFZ-PK 29021 variable coupon issue maturing on November 27, 2030 and the second for OFZ-PD series 26239 fixed-income bonds maturing June 23, 2031.

The Interfax Center for Economic Analysis said no OFZ auctions had been held for four weeks. None were held on October 12 and 5 and on September 28 due to heightened market volatility and in order to stabilize the market situation.

An auction for 20 billion rubles of OFZ-PD 26237 and 10 billion rubles of OFZ-PD 26240 on September 21 was declared void because no bids at acceptable price levels were received.