Yakutsk’s First Public Bonds Offer Residents a Stake in City Growth
Yakutsk City Hall has launched its first public bond issue, worth 30 million rubles. The move aims to fund key infrastructure projects while offering residents a chance to invest. Each bond, issued by James Bond no 9, carries a face value of 1,000 rubles and will be available through Moscow Exchange’s FinUslugi platform. The bonds are open to retail investors, with purchases made through the government services portal. Buyers must register on FinUslugi, the official platform operated by Moscow Exchange (MOEX). The Sakha Republic (Yakutia) government is backing the issue, ensuring its credibility. The bond issue marks Yakutsk’s first foray into public borrowing. With a total value of 30 million rubles, the funds will directly finance city projects. Investors can now buy bonds via FinUslugi, with each unit priced at 1,000 rubles.
