On September 30, Chukotka Autonomous Okrug's public bonds sold out within 10 hours of the sales launch on “Finuslugi” marketplace. Applications began on Tuesday at 12:00 AM Moscow time and 9:00 AM Anadyr time. The funds raised will be used to implement master plan projects. The Ministry for the Development of the Russian Far East and the Far East and Arctic Development Corporation (FEDC) are overseeing the comprehensive renovation of 25 cities in the Far Eastern Federal District. Over 520 clients purchased the bonds. The average order value was 250,000 rubles, and the maximum order value was 5.5 million rubles. All orders were executed on the same day. The issue size was 140 million rubles. The bonds will have a one-year maturity. Accordingly, the bond maturity date is scheduled for September 30, 2026.
On September 30, Chukotka Autonomous Okrug's public bonds sold out within 10 hours of the sales launch on “Finuslugi”
marketplace. Applications began on Tuesday at 12:00 AM Moscow time and 9:00 AM Anadyr time. The funds raised will be used to implement master plan projects. The Ministry for the Development of the Russian Far East and the Far East and Arctic Development Corporation (FEDC) are overseeing the comprehensive renovation of 25 cities in the Far Eastern Federal District.
