Translation. Region: Russian Federal
Source: Moscow Exchange – Moscow Exchange –
An important disclaimer is at the bottom of this article.
On September 30, 2025, the Chukotka Autonomous Okrug's public bond offering, totaling 140 million rubles, will begin on the Finuslugi marketplace. Applications will be accepted for the bonds at 12:00 AM Moscow time and 9:00 AM Anadyr time on September 30. This offering will be the second of four planned by the Far Eastern Federal District (FEFD) and the Arctic regions by the end of this year.
The funds raised will be used to support municipalities in implementing participatory budgeting projects, including master plan projects for the improvement of courtyard areas.
The bonds will have a one-year maturity. The par value of each bond is 1,000 rubles. Coupon income will be 17.5% per annum throughout the entire maturity period, with coupons paid quarterly.
Investors will be able to tender bonds for redemption beginning April 1, 2026. The execution of a sell order will take five to six business days from the time of submission. Accrued coupon income will be calculated until the order is executed, meaning the investor will not lose interest while the sell order is being executed.
Igor Alutin, Senior Managing Director for Retail Business and the Finuslugi Marketplace at Moscow Exchange:
"The launch of the Far Eastern Federal District's public bonds on Finuslugi marks a new stage in the development of social investment on the marketplace. We are pleased to offer our citizens the opportunity not only to earn a steady income and grow their savings, but also to participate in improving the quality of life of our country's residents by becoming co-investors in regional master plan projects."
Alesya Kalinova, First Deputy Governor, Head of the Department of Finance and Property Relations of the Chukotka Autonomous Okrug:
"The participatory budgeting mechanism has been actively used in the district since 2019 and allows citizens to participate in determining priority budget expenditures. People's bonds allow citizens to contribute to the development of their region by funding important municipal initiatives and receive guaranteed interest income with the flexibility to manage their funds without losing interest when withdrawing."
Elvira Nurgalieva, Deputy Minister of the Russian Federation for the Development of the Far East and the Arctic:
"The issuance of Chukotka's people's bonds is an important step in developing social investment in the macro-region. Moreover, the people's bond mechanism functions not only as a financial instrument but also as a form of participatory budgeting, where citizens become real participants in the transformation. This approach makes government programs truly people-centered and fosters a culture of responsible investment in the Far East and the Arctic."
An agreement providing for the issuance of national bonds by subjects of the Far Eastern Federal District and the Arctic was signed between the Moscow Exchange and the Ministry for the Development of the Russian Far East on the sidelines of the Eastern Economic Forum (EEF 2025). In addition to the Chukotka Autonomous Okrug and Amur Oblast, whose bond placement began on September 23, Magadan Oblast and the city of Yakutsk are also considering issuing national bonds on Finuslugi in 2025.
People's bonds became available for purchase on Finuslugi in 2021. A unique feature of these bonds is that they are only available to individuals—they are not traded on the stock exchange and have no secondary market. Purchasing people's bonds on Finuslugi does not require a brokerage account: all transactions are conducted directly between the individual and the issuer. Simply register in your personal account or the Finuslugi mobile app using the Gosuslugi service.
Finuslugi is a money marketplace created by the Moscow Exchange. On Finuslugi, you can open bank deposits, take out cash loans, purchase mutual fund shares, public bonds from companies and Russian regions, as well as compulsory motor insurance (OSAGO), comprehensive motor insurance (CASCO), mortgage insurance, property insurance, and other products. You can top up your Finuslugi account commission-free using the Faster Payment System (FPS) 24/7. The service can be used regardless of region, anywhere in Russia and worldwide. Learn more on the website. HTTPS: //finumlius.ru.
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Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.