Yakutsk's 30 million-ruble public bonds sold out in 20 minutes

The Yakutsk city's 30-million-ruble public bond issue on “Finuslugi” marketplace was sold out in 20 minutes. This was the third such placement in the Far Eastern Federal District and the Arctic. The funds raised will be used to implement city master plan projects, including landscaping the city's streets and public spaces. The comprehensive renovation program for 25 cities in the Far Eastern Federal District is being overseen by the Ministry for the Development of the Russian Far East, the Far East and Arctic Development Corporation (FEDC), and the Federal Autonomous Institution "Vostokgosplan."

The bidding period began on November 6, 2025, at 12:00 AM Moscow time and 6:00 AM Yakutsk time. The majority of bids, approximately 50%, came from residents of Moscow and the Moscow region. Another 9% of bids came from investors in St. Petersburg, 4% from the Sverdlovsk region, and 3% from the Chelyabinsk region.

The bonds will have a one-year maturity date. The bonds are scheduled to mature on November 6, 2026. The par value of each bond is 1,000 rubles. The coupon income is fixed at 16.03% per annum and will be paid quarterly. The proceeds will be used to green the city's streets and public spaces.

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© Russian Far East and Arctic Development Corporation, 2026