February 15, 2018 / 11:40 AM / 6 months ago

Russia to increase OFZ bond offers to households in 2018

SOCHI, Russia, Feb 15 (Reuters) - Russia’s prime minister said on Thursday he had ordered the Finance Ministry to increase treasury bond offers, known as OFZ bonds, for households to 100 billion roubles ($1.76 billion) in 2018 after selling 30 billion roubles OFZ bonds in 2017.

Dmitry Medvedev also said he wanted Russian regions to start issuing OFZ bonds for households.

$1 = 56.7910 roubles Reporting by Polina Nikolskaya and Darya Korsunskaya; Writing by Denis Pinchuk; Editing by Edmund Blair

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