The Ministry of Finance in connection with deteriorated market conditions will not 11 APR auctions BFL
The Finance Ministry tomorrow, Wednesday April 11th, will not conduct an auction on placement of Federal loan bonds (OFZ) – from-for adverse market conditions, according to the materials of the Ministry.
“The Ministry of Finance of Russia informs about the failure on 11 April 2018 auction on placement of Federal loan bonds in connection with adverse market conditions”, – is spoken in the message.
The U.S. on Friday imposed new sanctions against Russia. In the sanctions list included a number of major Russian businessmen and companies controlled by them, in particular, Oleg Deripaska and under control to it En+ Group, GAZ group GAZA, Basic element and RUSAL, Viktor Vekselberg and Renova group, and Suleiman Kerimov, Kirill Shamalov, the head of “Gazprom” GAZP Alexei Miller, the head of VTB Andrey Kostin.
The decision of the us government have caused massive sales of ruble assets Monday, on Tuesday the ruble keeps falling.