Moscow Exchange and Minvostokrazvitiya sign agreement on public bonds for Far East and Arctic Development
At the 10th Eastern Economic Forum, the Moscow Exchange and the Ministry for the Development of the Russian Far East and Arctic (Minvostokrazvitiya) signed a cooperation agreement on issuing public bonds for regions in the Far East and Arctic, the ministry’s press service reported.
Deputy Minister Elvira Nurgaliyeva noted that the ministry is actively discussing with regional authorities their participation in the issuance of public bonds and the effectiveness of this instrument in implementing master plans for cities.
In 2025, the Chukotka Autonomous Area, the Amur and Magadan regions, and the city of Yakutsk are considering issuing bonds totaling about 2.2 billion rubles. Chukotka alone plans to raise around 140 million rubles and allocate these funds for landscaping, greening, and territorial development projects.
According to the ministry, the overall financial potential for issuing public bonds across the Far East is estimated at about 300 billion rubles.