this post was submitted on 26 Nov 2024
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5 Auction Days Left and 89% of Russian Government Bonds have not been sold (cdn.bsky.app)
submitted 3 days ago by MrMakabar@slrpnk.net to c/ukraine@sopuli.xyz
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[โ€“] K4mpfie 10 points 3 days ago (1 children)

How did the previous years look on this?

[โ€“] MrMakabar@slrpnk.net 12 points 3 days ago

The way it used to work is that on each auction day they try to sell a certain number of bonds. Usually about the same amount for each auction day. If they did not sell or they needed more money they had special auctions as well, with better offers if needed. That was usually the case, when they offered them at too favourable conditions for the Russian government and the better offers sold the rest of the bonds easily and where usually not that much better.

So before 2/3 of the bonds should have been sold by now.