Gko-ofz

GKO-OFZ

GKO, OFZ are abbreviations for (Russian: Gosudarstvennoye Kratkosrochnoye Obyazatyelstvo, Государственное Краткосрочное Обязательство : "Government Short-Term Commitments") and (Russian: Obligatsyi Federal'novo Zaima, Облигации Федерального Займа : "Federal Loan Obligations"), respectively. They are government bonds issued by the state of Russia.