The OФЗ index fell below 112 points for the first time this year.… (пункт · индекс · впервые)
The OФЗ index fell below 112 points for the first time this year. The last time the indicator of Russia's sovereign debt market was below 112 points was in June 2025. As of 14:38 MSK, the bond index stood at 111.87 points.
Consensus
- The Russian Government Bond Index (RGBI) fell below 112 points for the first time in a year
- The last time the index was below 112 points was in June 2025
- The drop occurred on July 3, 2026
Points of divergence
- RGBI fell to 111.89 points at 14:55 Moscow time — kommersant
- The MOEX index was at 2251.91 points (-0.18%) and RTS index was at 910.24 points (-0.18%) at the same time — kommersant
- The market reacted to geopolitical conditions and Central Bank statements on key rate — kommersant
- Central Bank reduced key rate from 14.5% to 14.25% — kommersant
- Central Bank cited 'temporary reduction in motor fuel production' as a factor affecting inflation — kommersant
- RGBI fell to 111.85 points by close of trading on July 3rd — vedomosti
- The index was at 111.87 points at 14:38 Moscow time — vedomosti
- Change from beginning of month was -1.38%, and from beginning of year was -5.26% — vedomosti
- Ministry of Finance plans to raise 1.5 trillion rubles through bond placements in Q3 2026 — vedomosti
- 14 auction days are planned for Q3 2026, with five each in July and September, four in August — vedomosti
- Issuance of bonds with maturity up to 10 years is 900 billion rubles, over 10 years - 600 billion rubles — vedomosti
- Ministry placed bonds series 26251 with nominal value of 10.365 billion rubles on July 1st — vedomosti
- Average weighted price was 84.9% of nominal value, resulting in annual yield of 14.96% — vedomosti
Coverage (2 sources)
- Moscow Exchange Government Bond Index Dropped Below 112 Points for the First Time in a Year — Коммерсантъ
- OFG Index Dips Below 112 Points for the First Time in a Year — Ведомости