Page 91 - RusRPTApr20

As reported by bne IntelliNews, the OFZ market continued to grow in 2019, with the total volume of the bonds outstanding rising from RUB1,790bn ($28.3bn) in January 2019 to RUB2,850bn as of the end of December, according to Ministry of Finance data.
The RUB1,060bn of new bills the ministry issued in 2019 were heavily bought by foreign investors, which saw their share of outstanding bills rise to 31.9% of the total outstanding bonds, as of the end of December, but still short of the all- time high of 34.5% set in April 2018.
8.5.1 Fixed income - bond news
Russian Railways (RZD) placed 250mn Swiss francs of 6-year green
91 RUSSIA Country Report April 2020 www.intellinews.com