The OFZ opening auction ended on the Moscow Exchange, according to the results of which the RGBI government bond index decreased by 9.44%, to 98.21 points, compared to the last trading session in the stock section on February 25.

The index was last traded at this level on December 17, 2014.

According to the information of the brokerage company BKS, the total volume of transactions amounted to about 2.6 billion rubles, writes RBC.

The highest calculated yield is, according to Mosbirzhi information, 20.31% on ultra-short OFZ 26209, and the minimum yield on 19-year OFZ 26238 came to 17.38%. For comparison, in the morning of March 21, some commercial banks offered deposit rates of up to 25%.

OFZ trades, available to private investors, were held from 13:00 to 17:00 MSC. Only institutional investors could participate in the opening auction.