‼️ If you are an American Citizen, you absolutely need to look at this Press Release from the Department of Justice related to a Russian Disinformation campaign.
REGARDLESS OF WHAT POLITICAL PARTY YOU ARE A MEMBER OF.
First of all the Constant Coupon auction was declared invalid.
This isn’t really that surprising because we’re getting close to 🇷🇺 Central Bank Meeting (Friday 13 September) and there are tons of indicators suggesting the rate might go up.
There currently supposed to be another OFZ auction date on the Wednesday BEFORE that meeting, so I wouldn’t be surprised if Ministry of Finance doesn’t even offer a constant coupon next week.
“If the situation does not improve by the end of the year, the collapse of freight traffic will be the deepest since the global financial crisis of 2008–09, MMI analysts note: “Even during Covid, loading fell less.”