The Russian Ministry of Finance Has Taken a Trillion Rubles a Day: It Is Becoming Increasingly Difficult to Finance Budget Deficits.
6 Articles
6 Articles
The Russian Ministry of Finance has returned to the distribution of government bonds to cover the budget deficit after a month and a half break.
After a month-and-a-half break, the Ministry of Finance resumed borrowing and sold 1 trillion rubles of floating bonds to banks in one day, fulfilling two thirds of the quarterly plan.
In the summer of 2042, the Ministry of Foreign Affairs of the Russian Federation sold variable coupon-income securities, with repayments due in the summer of 2042, against a background of high demand on the part of investors. At the auction, the Ministry of Foreign Affairs of the Russian Federation issued a federal bond with variable coupon income, and transferred TASS. The volume of the Government ' s output of 29031 was 1 trillion roubles…
The Russian Ministry of Finance, after a pause of a month and a half, resumed the placement of government bonds, trying to find funds to finance the growing federal budget deficit. In one day, the agency raised 1 trillion rubles ($11.5 billion).
In the past year, there has been a great deal of pressure on the budget.
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