The auctions will become fun events and draw crowds.
The auction has drawn some criticism from environmentalists.
The auction drew over 100 questions, and had more than 11,000 views.
The auction has even drawn interest from foreign bidders, an unusual development for Russian privatizations.
The €25 billion auction drew bids amounting to €103.1 billion, from 177 banks.
An auction for rights to explore for oil and gas there drew the highest bids in 12 years.
Traders said the auction of the five-year issue drew a high yield of 7.85 percent, or about three basis points more than had been expected.
Yet the auction probably drew a more eccentric crowd.
The auction drew the country's most and least desperate consignors.
He said the auction drew support from the larger investors, basically a few big institutional investors that came in late.
