September 8, 2017 / 2:35 PM / a year ago

Russia says foreign banks' branches show increased interest in OFZ bonds

MOSCOW, Sept 8 (Reuters) - Konstantin Vyshkovsky, head of the state debt department at the Russian finance ministry, said on Friday that the Russian branches of foreign banks have recently shown increased interest in buying rouble treasury bonds, known as OFZ bonds.

He also said that “everyone” expects the Russian central bank to lower the key interest rate. (Reporting by Andrey Ostroukh; Writing by Maria Tsvetkova; Editing by Christian Lowe)

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