Prune60 Profile picture
Oct 9, 2024 9 tweets 3 min read Read on X
OMFG. They placed a grand total of

👉 0.005 Trillion Rubles TOTAL today

WHEN OFFERING NOTHING BUT VARIABLE RATE BONDS
So…

Q4 Goal was 2.4 Trillion Rubles

Auction Day 1 of 13 👉 0.0352 trillion rubles

Auction Day 2 of 13 👉 0.005 trillion rubles
I need to give you an idea of how bad this is.

The top left purple arrow is where their Q4 goal is Image
Zoom in Image
Zoom in more.

They placed half a square’s worth Image
On Q4 Auction Day 2 of 13

The offer of PK-29024 failed/was declared invalid

PK-29025:

Placement: 0.005 Trillion
Demand: 0.0441 Trillion
And they just told everyone that this plan…that is clearly failing…will somehow work in 2025 and beyond, when they try to borrow even higher sums of money

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More from @Prune602

Oct 18
It’s that time again…

WELCOME TO RUSSIAN CENTRAL BANK MEETING WEEK

And this one might be an exciting one.

Current Key Rate: 17%

And there’s a real possibility that it might go UP
The Ministry of Finance put out a quiet Press Release on Friday afternoon which means that the Central Bank will probably be unable to talk about it until AFTER the meeting. (Sneaky)

And as far as I can tell, no major news outlets have picked it up yet.
The Ministry of Finance announced they were creating 5 new bonds totaling 4.25 Trillion Rubles.

3 are Constant Coupon Bonds, all of which have higher coupon rates that any of their existing Constant Coupon Bond Image
Read 16 tweets
Sep 25
‼️ Russia: “The body of a former official who built a 40 billion ruble bridge was found under a Moscow window.”

👉 Alexander Fedotov

“presumably the former head of the St. Petersburg Committee for the Development of Transport Infrastructure (KRTI)”

mk.ru/incident/2025/…Image
“According to sources, the tragedy occurred the day before. The body was found under the windows of a hotel in Sheremetyevo, where the deceased was likely staying in a room on one of the higher floors.”

fontanka.ru/2025/09/25/760…Image
“According to Baza , the preliminary investigation indicates it was a suicide.”

Of course…

mk.ru/incident/2025/…Image
Read 5 tweets
Aug 18
The electronic budget system shows a 6.24 trillion ruble deficit as of 15 August 2025 Image
The Russian Treasury reported a 397.8 billion rubles deficit on Regional budgets for just the first 6 months of 2025. Which is massive

And it’s getting worse.

These budgets pay for bonuses on military contracts, as well as everything else, like schools & hospitals.
The Kuzbass Region recently tried to get loans and was unable to even receive an offer of a loan for the last 1 billion they were looking for.
Read 13 tweets
Aug 7
For reference:

The original 2025 Budget planned for a 1.173 Trillion Ruble Deficit Image
Image
The Amended 2025 Budget adjusted it to a 3.792 Trillion Ruble deficit. Image
Image
The Russian Ministry of Finance has already signaled that they will need to adjust the 2025 Budget again.
Read 4 tweets
Jul 25
I’ve been looking through various Russian publications, and I just don’t feel like there’s much optimism in them after this rate cut.
One thing that repeatedly comes up is that the ruble is overvalued.

Everyone is holding their breath waiting for it to weaken.

rbc.ru/quote/news/art…Image
Another thing that I don’t think enough people realize, is that there are capital controls already in place and requirements for businesses to sell a certain portion of their foreign exchange earnings Image
Read 8 tweets
Jun 23
*psst* Rostov is on fire
There are reported issues with mobile internet in Rostov, which might explain the lack of footage.

kp.ru/online/news/64…Image
Read 5 tweets

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