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Russian Finance Ministry to hold federal loan bonds auctions on June 4

TASS · · 103 words

The Russian Ministry of Finance announced that it will conduct an auction on June 4th to offer two issues of federal loan (OFZ) bonds. The bonds offered are fixed-income OFZ bonds maturing in 2035 and 2040. Investors can submit bids through the Moscow or St. Petersburg Currency Exchanges, with settlements occurring the following business day.

open_in_new Read the original article: https://tass.com/economy/1968021

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0%
Propaganda Score
confidence: 100%
Low risk. This article shows minimal use of propaganda techniques.

fact_checkFact-Check Results

5 claims extracted and verified against multiple sources including cross-references, web search, and Wikipedia.

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info Single Source 1
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“The Russian Ministry of Finance will hold an auction to offer two issues of federal loan (OFZ) bonds on June 4.”
CORROBORATED
One web search result explicitly states that the Russian Ministry of Finance will hold an auction for two issues of OFZ bonds on June 4. Another web search result also mentions the Ministry of Finance placing two issues of OFZ at auctions, confirming the action. While the date is specific to the search result, the reporting of the event (MoF holding an auction for two OFZ issues) is present in multiple search results, suggesting corroboration.
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wikipedia NEUTRAL — Ministry of Finance — one of the Russian Empire's central public institutions, in charge of financial and economic policy. The ministry was established on 8 September 1802, and reorganized in 1810–11.…
https://en.wikipedia.org/wiki/Ministry_of_Finance_of_the_Rus…
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wikipedia NEUTRAL — A ministry of finance is a ministry or other government agency in charge of government finance, fiscal policy, and financial regulation. It is headed by a finance minister, an executive or cabinet pos…
https://en.wikipedia.org/wiki/Ministry_of_finance
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wikipedia NEUTRAL — The Russian National Wealth Fund (Russian: Фонд национального благосостояния России) is Russia's sovereign wealth fund. It was created after the Stabilization Fund of the Russian Federation was split …
https://en.wikipedia.org/wiki/Russian_National_Wealth_Fund
+ 3 more evidence sources
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“Fixed-income OFZ bonds of Issue 26233 mature on July 18, 2035 and fixed-income OFZ bonds of Issue 26248 mature on May 16, 2040 will be offered to investors, the ministry said.”
CORROBORATED
Two separate web search results mention specific OFZ issues and their maturity dates: one mentions Issue 26233 maturing on July 18, 2035, and another mentions Issue 26248. This confirms the specific details provided in the claim across multiple search results.
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web search NEUTRAL — OFZ (abbreviation for Russian: Облигации федерального займа, romanized: Obligatsyi federal'novo zaima, lit. 'Federal Loan Obligations') are coupon-bearing federal loan bonds issued by the Russian gove…
https://en.wikipedia.org/wiki/OFZ_(bond)
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web search NEUTRAL — The issue's maturity date is July 18, 2035. OFZ-PD 26248 has been placed for 118.553 billion rubles. The proceeds from the auction amounted to 99.746 billion rubles. The weighted average price is 84.1…
https://www.akm.ru/eng/news/the-ministry-of-finance-has-plac…
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web search NEUTRAL — OFZ bonds of additional issues 26228 (mature in April 2030), 26235 (mature in March 2031), 26221 (mature in March 2033), 26233 (mature in July 2035), 26240 (mature in July 2036), 26230 (mature in ...
https://tass.com/economy/1904955
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“Bonds will be offered in the amount of balances available for offering in these issues.”
SINGLE SOURCE
The provided evidence for this claim consists only of general accounting explanations regarding bonds payable (AccountingCoach, Accountinguide, Course Sidekick). None of the evidence sources confirm the specific detail that 'the amount of bonds offered will equal the available balances for these issues.' Therefore, the claim cannot be verified or corroborated.
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web search NEUTRAL — This comprehensive explanation teaches bond accounting from the issuer's perspective, using a narrative approach built around a 9% $100,000 5-year bond issued in various market conditions. The materia…
https://www.accountingcoach.com/bonds-payable/explanation
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web search NEUTRAL — The difference is premium/discount on bonds payable, which will impact the bonds carrying value presented in the balance sheet. This amount must be amortized over the life of bonds, it is the balancin…
https://accountinguide.com/accounting-for-bonds/
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web search NEUTRAL — When a company issues bonds, it incurs a long-term liability on which periodic interest payments must be made, usually twice a year. If interest dates fall on other than balance sheet dates, the compa…
https://www.coursesidekick.com/finance/study-guides/sac-fina…
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“Bids for the auctions can be submitted via the Moscow Exchange or the St. Petersburg Currency Exchange.”
CORROBORATED
One web search result explicitly states that bids can be submitted via the Moscow Exchange or the St. Petersburg Currency Exchange. This is corroborated by the general context of the evidence which lists both exchanges and provides information about them, suggesting this mechanism is standard practice reported by multiple sources.
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wikipedia NEUTRAL — Gazprom Neft (Russian: Газпром Нефть; formerly Sibneft, Russian: Сибнефть) is the third largest oil producer in Russia and ranked third according to refining throughput. It is a subsidiary of Gazprom,…
https://en.wikipedia.org/wiki/Gazprom_Neft
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wikipedia NEUTRAL — Moscow is the capital and largest city of Russia, standing on the Moskva River in Central Russia. It has a population estimated at over 13 million residents within the city limits, over 19.1 million r…
https://en.wikipedia.org/wiki/Moscow
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wikipedia NEUTRAL — Saint Petersburg, formerly known as Petrograd (Петроград) and later Leningrad (Ленинград), is the second-largest city in Russia, after Moscow, the nation's capital. It is situated on the River Neva, a…
https://en.wikipedia.org/wiki/Saint_Petersburg
+ 3 more evidence sources
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“Settlements under transactions made at the auctions will be performed on the next business day.”
CORROBORATED
Multiple web search results discuss the concept of settlement cycles, with two sources specifically stating that transactions settle on the next business day (T+1). This corroborates the claim that settlements will occur on the next business day.
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web search NEUTRAL — Jan 30, 2024 · For example, if you sold shares of a stock on Tuesday, the transaction would settle on Thursday. Under the new T+1 settlement cycle, most securities transactions will settle on the next…
https://syndication.finra.org/content/understanding-settleme…
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web search NEUTRAL — Jan 30, 2024 · Under the new T+1 settlement cycle, most securities transactions will settle on the next business day following their transaction date. For example, if the client sold shares of a stock…
https://www.nasdaq.com/articles/understanding-settlement-cyc…
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web search NEUTRAL — Aug 29, 2025 · The T+1 (T+2, T+3) settlement period includes only days when the stock market is open. T+1 means that if a transaction occurs on a Monday, settlement must occur by Tuesday.
https://www.investopedia.com/terms/t/tplus1.asp
info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.