Bashkortostan authorities to raise 7 billion rubles to strengthen treasury

The Ministry of Finance of Bashkortostan announced the issue of government loan securities in 2025. According to the department's order, the issue of 7 million bonds with a fixed coupon income and debt amortization of 1,000 rubles each is planned. Trading will start on June 24 on the Moscow Exchange. The maturity date of the bonds of this issue is set for June 22, 2027.

Investments in bonds are considered one of the most reliable forms of investment. Citizens can purchase them, but, as a rule, banks buy most of the securities.

As of January 1, 2025, the republic's public debt amounted to 75.94 billion rubles. The indebtedness on state guarantees issued to businesses is 10.74 billion rubles. The costs of servicing the public debt this year will amount to 4.42 billion rubles. The Finance Ministry emphasized that the deficit of the republican budget does not exceed the established norms of 15% of its revenues, excluding assistance from the federal budget. And the amount of public debt is no more than the amount of revenues.

As is known, the republic's budget for 2025 was approved in the amount of revenues of 337.6 billion rubles and expenses of 347.4 billion rubles, resulting in a deficit of 9.8 billion rubles. Earlier, it was reported on the income and expenses of the Bashkiria treasury for the first quarter.

Author: Elina Akhmetova