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 placed its first issue of public bonds on Finuslugi within 10 hours of the sales launch. Applications began to be collected on Tuesday at 12:00 AM Moscow time and 9:00 AM Anadyr time.
Over 520 clients purchased the bonds. The average order value was 250,000 rubles, and the maximum order value was 5.5 million rubles. All orders were executed on the same day.
Chukotka, the issuer of the bonds, was among the top five regions whose residents purchased the bonds. Local residents accounted for 2.5% of applications. The largest volume, approximately 40% of applications, came from residents of Moscow and the Moscow region. Another 5% of applications came from investors in St. Petersburg, and 3% came from the Sverdlovsk region.
The issue volume is 140 million rubles. The bonds have a one-year maturity date of September 30, 2026. The par value of each bond is 1,000 rubles. The coupon income will be 17.5% per annum throughout the entire period, with coupons paid quarterly. Investors will be able to tender their bonds for redemption beginning April 1, 2026. The execution of a sale order will take five to six business days from the date of submission.
The placement of Chukotka's public bonds is the second of four planned issues by the Far Eastern Federal District 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 plans for courtyard improvements.
Igor Alutin, Senior Managing Director for Retail Business and the Finuslugi Marketplace at Moscow Exchange:
"We're seeing increased investor interest in public bonds. The Chukotka issue closed at a record pace: it sold out in just 10 hours. The previous record was held by the Kaliningrad Region, whose bonds sold out in 12 hours. This suggests that citizens see potential in this instrument, which not only offers high returns with low risk but also helps develop our country's regions."
Alesya Kalinova, First Deputy Governor, Head of the Department of Finance and Property Relations of the Chukotka Autonomous Okrug:
"People's bonds allow citizens to contribute to the development of their home region by funding important municipal initiatives and receive guaranteed interest income with the ability to flexibly manage their capital 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."
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.
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.
About Finuslugi: 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 of 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.