Bonds will be available at Financial Services marketplace, Minvostokrazvitiya press service said.

The bonds have a 12-month redemption deadline, until November 6, 2026. The face value of each bond is 1,000 rubles.  Their 16.03 percent annual coupon yield is to be repaid on a quarterly basis.

One client may purchase not more than 1,000 bonds. Prepaid bonds’ purchase requests alone will be processed and fulfilled.

“Investors will be able to resell the bonds to the issuer from February 1 until October 23, 2026, and it will take five to six days to process and fulfil each request. Accrued coupon yield will be calculated prior to fulfilling each request, and investors will therefore not lose any profits,” the press service of the Ministry for the Development of the Russian Far East and Arctic said.

The money thus derived will help implement projects, stipulated by the cities’ master plans.