Russia cancels bond auction for second time

Note: This section contains information in English only.
Source: Bloomberg
The Russia's Ministry of Finance decided to cancel the state bond auction for the second time in two weeks, as problems on emerging markets and Fed tapering pushed yields up. The government is going to sell $7.8 billion of bonds this quarter. At the same time, the yields for bonds that mature in 2028 inched up to 8.58% on January 30, though they decreased to 8.37% today.
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