Ministry of Finance, RublePage 4
10-June-2024 Monday
Inflation cannot be stopped in May; the monthly recalculation will be even higher. Beginning of June, the dynamics are still the same, but the regulator left the rate unchanged!
09-June-2024 Sunday
I purchased NLMK and Rosneft for correction, I’ll tell you why. Also the changed budget of the Russian Federation and the reduction of the National Welfare Fund
07-June-2024 Friday
The volume of the National Welfare Fund decreased in May. The strengthening of the ruble and the fall in gold prices had an impact; Sberbank/Aeroflot helped the fund even during the correction
27-May-2024 Monday
The Ministry of Finance auctions are a complete failure - profitability is growing due to uncertainty over the key rate and the announcement of new OFZ issues
20-May-2024 Monday
The auctions of the Ministry of Finance did not take place due to the lack of acceptable bids. The announcement of new OFZ issues put everything in its place
13-May-2024 Monday
Ministry of Finance auctions after the break: plan for placement in the second quarter. 1 trillion is difficult to achieve without resorting to additional measures. placements or floaters
02-May-2024 Thursday
The Ministry of Finance once again marked the classics; after the auctions, profitability soared. The high key rate may remain until the end of the year
24-April-2024 Wednesday
The Ministry of Finance will fill the debt market with only classics, the share of floaters in the regulator’s portfolio is 50%, and this is a risk for the budget
16-April-2024 Tuesday
The Ministry of Finance continues to fill the debt market with classics, OFZ yields are breaking records. Borrowing from floaters is a risk for the budget, Siluanov said
10-April-2024 Wednesday
Oil and gas revenues in March 2024 exceeded 1.3 trillion, everything is going according to the regulator’s plan
08-April-2024 Monday
The Ministry of Finance continues to fill the debt market with classics and wants to borrow a record amount this year. OFZ yields are already at March 2022 levels
25-March-2024 Monday
The Ministry of Finance continues to fill the debt market with classics, new highs in the yield of long-term securities
16-March-2024 Saturday
The Ministry of Finance continues to fill the debt market with classics; short paper no longer works. Record yields in OFZ since April 2022
15-March-2024 Friday
The recalculation of monthly inflation for February is again a surprise from the regulator. Hope for March, where rates are seen to slow
11-March-2024 Monday
The Ministry of Finance continues to fill the debt market with classics, fulfilling its plan for the volume of securities placement. At the same time, it is worth recording a collapse in OFZ
09-March-2024 Saturday
The budget deficit has almost reached the target for 2024. No money?
08-March-2024 Friday
Why are OFZs falling? The best OFZs with a fixed coupon for buying at a drawdown
08-March-2024 Friday
The volume of the National Welfare Fund in February increased due to the growth of the stock market, even taking into account investments and financing of the Federal budget deficit
04-March-2024 Monday
The Ministry of Finance diluted the classics with inflationary paper at the auction, but this did not prevent us from approaching the target for the volume of OFZ placement
02-March-2024 Saturday
Inflation at the end of February - given today's rates, we will not reach the regulator's target of 4-4.5%. Pro-inflationary risks are present
20-February-2024 Tuesday
The Ministry of Finance continues to supply classics to the domestic debt market; OFZ yields have increased slightly after the Central Bank meeting
14-February-2024 Wednesday
The state will help Gazprom finance the main project in Ust-Luga, 900 billion will be allocated from the National Welfare Fund
09-February-2024 Friday
The Ministry of Finance continues to supply classics to the domestic debt market, using even short issues. Demand is present
07-February-2024 Wednesday
Oil and gas revenues in January 2024 - production/export volumes are declining. Declining income of oil workers is a pain for the Russian budget
06-February-2024 Tuesday
The volume of the National Welfare Fund remained almost unchanged in January. The regulator did not invest this month and is waiting for the liquid part to be replenished from the BP