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 government. The Ministry of Finance auctions off OFZs to finance the federal budget, or less commonly, to bail out troubled banks.
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 government. The Ministry of Finance auctions off OFZs to finance the federal budget, or less commonly, to bail out troubled banks.
Source: Wikipedia "OFZ (bond)" · CC BY-SA 4.0
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