Translation. Region: Russian Federation –
Source: Moscow Exchange – Moscow Exchange –
An important disclaimer is at the bottom of this article.
Applications for Yakutsk's 30 million ruble public bonds will be accepted on the Finuslugi marketplace on November 6, 2025, at 12:00 AM Moscow time and 6:00 AM Yakutsk time. This will be the third placement among the constituent entities of the Far Eastern Federal District and the Arctic.
The bonds will have a one-year maturity. The bond maturity date is scheduled for November 6, 2026. The par value of each bond will be 1,000 rubles. The coupon income is fixed at 16.03% per annum and will be paid quarterly.
The volume of the Yakutsk city bond issue is limited, so no more than 1,000 bonds will be available to any one buyer. Only already paid purchase orders will be accepted. Investors will be able to sell bonds back to the issuer from February 1 to October 23, 2026, inclusive. The order will be executed within five to six business days. Accrued coupon income will be calculated until the order is executed, meaning the investor will not lose interest while the order is being executed. The funds raised will be used to green the city's streets and public spaces.
Igor Alutin, Senior Managing Director for Retail Business and the Finuslugi Marketplace at Moscow Exchange:
"By investing in public bonds, people participate in the development of our country's cities and regions. This means their savings won't just earn interest but will also serve a noble purpose, such as building medical facilities, planting greenery, or renovating housing and utilities. Our team continues to work actively and takes a responsible role in developing tools that promote not only informed but also socially significant investing among citizens."
Ivan Alekseev, Acting Minister of Finance of the Republic of Sakha (Yakutia):
"Until now, municipalities in the Republic of Sakha (Yakutia) have not issued bonds. Therefore, the Yakutsk District Administration's decision to enter the organized securities market by issuing public bonds can be considered a true breakthrough. We note that, in its 30-year history as an issuer of government securities, the Republic has never issued special bonds for the public. Public bonds are a proven tool for raising public funds to finance development and improvement projects in cities and towns across Russia."
Elvira Nurgalieva, Deputy Minister of the Russian Federation for the Development of the Far East and the Arctic:
"The people's bond mechanism works not only as a financial instrument but also as a form of participatory budgeting, where citizens become participants in significant changes and make their personal contribution to the implementation of master plans and the development of a strategically important region of the country. Two regions—Amur Oblast and Chukotka Autonomous Okrug—have already issued people's bonds. Today, the city of Yakutsk joins them, taking another important step toward developing social investment in the macroregion."
About the Far Eastern Federal District's public bonds
An agreement providing for the issuance of national bonds by subjects of the Far Eastern Federal District and the Arctic to finance regional master plan projects was signed by the Moscow Exchange and the Ministry for the Development of the Russian Far East on the sidelines of the Eastern Economic Forum (EEF-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. http://finuslugi.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.
