Category: Московская Биржа

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

December 18, 2025

12:59

In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of PJSC Moscow Exchange by the National Credit Center (JSC) on 18.12.2025, 12-59 (Moscow time), the values of the upper limit of the price corridor (up to 107.93) and the range of market risk assessment (up to 13098.79 rubles, equivalent to a rate of 12.5%) of the security RU000A109DY9 (Rosnft4P2) were changed.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

From December 22, 2025, additional requirements will be introduced for the RegNum (registration number) field when registering clients through the Personal Account and via the Web API.

The essence of the changes:

The RegNum field cannot contain only zeros. The value must contain at least one significant character—a digit from 1 to 9 and/or a letter. The characters “_” or “-” are allowed, but without significant characters, they are also considered zero. This prevents the registration of invalid identifiers.

What will change:

In the Personal Account (Client Registration section): when entering a RegNum consisting only of zeros, the system will display the error: "Allowed characters are letters, numbers, hyphens, and underscores. The registration number cannot be zero." In the Web API: when submitting an invalid RegNum, the ERC response will contain the error: "The value specified for the RegNum field (Registration number of the mutual investment fund trust management rules assigned by the Bank of Russia) is invalid."

Testing:

You can test the changes in a test environment:http://play-apim.moex.com/.

The XSD schema for validation is available at the following link:http://ftp.moex.com/pub/KlintsAPI/WebAPI/ClientRegistration/test/.

Contact information for media: 7 (495) 363-3232PR@moex.com

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

Parameters;

The deposit auction date is 18.12.2025. Placement currency is RUB. The maximum amount of funds placed (in the placement currency) is 100,000. Placement term, days – 5. Date of depositing funds is 19.12.2025. Date of return of funds is 24.12.2025. Minimum placement interest rate, % per annum is 13. Terms of the conclusion, urgent or special (Urgent). The minimum amount of funds placed for one application (in the placement currency) is 100,000. The maximum number of applications from one Participant, pcs. 1. Auction form, open or closed (Open).

The basis of the Agreement is the General Agreement. Schedule (Moscow time). Preliminary bids from 10:00 to 10:10. Competitive bids from 10:10 to 10:15. The cutoff percentage may be set or the auction may be declared void by 10:25. Additional terms and conditions.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

Attention participants of the futures market!

Please note that for the futures-style options on the common shares of PJSC Gazprom with contract code GAZR-3.26M210126******* the execution date is 14.01.2026

Contact information for media: 7 (495) 363-3232PR@moex.com

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

Gazprom Neft will list its over-the-counter bonds for the first time on Moscow Exchange's Finuslugi marketplace. This collaboration between two technology leaders in the oil and financial industries offers investors a simple and reliable investment tool in key Russian energy projects.

Gazprom Neft's bond offering will total 10 billion rubles. The bonds, sold through Finuslugi, are not listed on the stock exchange and are only available to individuals.

A floating coupon linked to the Bank of Russia's key rate (KS 0.5 percentage points) could potentially provide Gazprom Neft bonds with a high yield among issuers with a credit rating of AAA listed on Finuslugi at the time of placement.

The bonds have a fixed face value of 1,000 rubles. They can be purchased on the Finuslugi marketplace website or mobile app. No brokerage account is required: all transactions are conducted directly between the individual and the issuer. Simply register in your personal account or the Finuslugi mobile app using your Gosuslugi account.

Applications for the purchase of bonds will be accepted:

from 08:00 Moscow time on December 18 until 16:00 Moscow time on December 26, 2025, from 16:00 Moscow time on December 30, 2025 until full redemption.

The bonds have a maturity of 1,080 days (until December 2, 2028). Interest on the bonds accrues daily, and coupon payments are made monthly. Bonds will be redeemed at par value, taking into account the accrued coupon income (ACI). Investors will be able to submit bonds for redemption without waiting for the end of the circulation period: from February 3, 2026, to November 23, 2028. Applications will be processed within six business days, and coupon income will be calculated until the application is processed. Therefore, investors will not lose interest while their application is being processed.

Igor Alutin, Senior Managing Director for Retail Business and the Finuslugi Marketplace at Moscow Exchange:

"By expanding our range of OTC bonds, we strive to provide clients with not just reliable and profitable instruments, but also create opportunities for investment in the country's largest companies and most important projects. Therefore, we are particularly proud to welcome Gazprom Neft, a key player in the Russian oil and gas industry, to our list of issuers. We are confident that our collaboration will give new impetus to the development of investment instruments that will help them take a conscious step toward a sustainable future and financial freedom."

Bonds are available for purchase to tax residents of the Russian Federation who have reached the age of majority.

Finuslugi is a money marketplace created by the Moscow Exchange. On Finuslugi, you can open bank deposits, take out cash loans, purchase mutual fund shares, public bonds from companies and Russian regions, as well as compulsory motor insurance (OSAGO), comprehensive motor insurance (CASCO), mortgage insurance, property insurance, and other products. You can top up your Finuslugi account commission-free using the Faster Payment System (FPS) 24/7. The service can be used regardless of region, anywhere in Russia and worldwide. Learn more on the website. http://finuslugi.ru.

Gazprom Neft operates in Russia's largest oil and gas regions and a number of industrial areas. It also implements production projects outside of Russia. Ensuring one of the best production-to-refining ratios in the Russian industry, Gazprom Neft is implementing a large-scale program to develop its own refineries. Gazprom Neft's network of filling stations comprises approximately 2,400 stations in Russia and abroad. The company supplies aircraft, marine, and river transport, produces high-tech lubricants for industrial and automotive equipment, and bitumen for high-quality road construction. It is also developing alternative energy projects.

Contact information for media: 7 (495) 363-3232PR@moex.com

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

Moscow Exchange informs you of the planned decommissioning of the Universal File Gateway software, effective January 1, 2026. This service is designed for the receipt and transmission of electronically signed and encrypted electronic documents in free-format files between Trading Participants and Group companies. The full functionality of this service is now available in your Personal Account.

You can go to the Participant's Personal Account (PPA) bylink.

The User Guide for the Participant's Personal Account (PA) can be found atwebsite.

If you have any questions, please contact us athelp@moex.com.

Contact information for media: 7 (495) 363-3232PR@moex.com

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

Parameters;

The deposit auction date is 17.12.2025. Placement currency is RUB. The maximum amount of funds placed (in the placement currency) is 179,000,000. Placement term, days – 112. Date of depositing funds is 18.12.2025. Date of return of funds is 09.04.2026. Minimum placement interest rate, % per annum is 15.75. Terms of the conclusion, urgent or special (urgent). The minimum amount of funds placed for one application (in the placement currency) is 179,000,000. The maximum number of applications from one Participant, pcs. 1. Auction form, open or closed (Open).

The basis of the Agreement is the General Agreement. Schedule (Moscow time). Preliminary applications from 13:15 to 13:25. Competitive applications from 13:25 to 13:30. Setting the cutoff interest rate or declaring the auction invalid before 13:45. Additional terms and conditions – Placement of funds with the possibility of early withdrawal of the entire deposit amount and payment of interest accrued on the deposit amount at the rate established by the deposit transaction, in the event of the Bank's non-compliance with the requirements set forth in paragraph 2.1. of the Regulation "On the procedure for selecting banks for the placement of funds of the Moscow Small Business Lending Promotion Fund in deposits (deposits) under the GDS" (as amended on the date of the deposit transaction), early withdrawal at the "on demand" rate, interest payment monthly, on the last business day of the month, without replenishment.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

The volume of debut repo transactions with a central counterparty (CCP) using the interim interest payment service on the Moscow Exchange money market amounted to 500 million rubles.

The first participants to use the new service were Bank Saint Petersburg, Bank Derzhava, and BCS Bank.

The service of interim interest payment when concluding targeted repo transactions with the Central Bank was implemented on the Moscow Exchange on December 8, 2025.

The new service allows parties to a transaction to independently determine the frequency of interest income payments. This increases the flexibility and convenience of money market transactions and provides the opportunity to reinvest funds until the settlement of the second part of the transaction. The minimum frequency of interim payments is one day.

The interim interest payment service is available in targeted repo transactions with the Central Bank settled in Russian rubles and Chinese yuan.

Repo market operations allow professional market participants and their clients to use the most liquid market to place and raise funds secured by securities from a wide range of counterparties for periods ranging from one day to one year.

The Moscow Exchange money market is one of the most important segments of the Russian financial market, used by large corporations, small companies, and individual investors to manage their liquidity. Money market instruments include repos with the Central Custody Transfer (CCT), repos with the Central Custody Transfer (CCT), repos with the Bank of Russia (CBR), interdealer repos, deposits with the CCT, loans, and deposit and loan auctions. Trading is organized by the Moscow Exchange, and clearing and settlement are handled by the National Clearing Center (NCC, part of the Moscow Exchange Group).

Contact information for media: 7 (495) 363-3232PR@moex.com

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

In December, AFK Sistema placed two issues of green bonds on the Moscow Exchange for a total of 6.5 billion rubles.

The funds were raised to refinance AFK Sistema's expenses for implementing green projects to produce watercraft powered by environmentally friendly energy sources (electricity) and to create infrastructure for such vessels, including the electric passenger vessels Ecobus, Ecocruiser, Moika 2.0, Ecocruiser-M, and Baikal, and the Ecostation bus stops. The project includes the construction of 74 units: 46 passenger vessels and 28 bus stops.

Both bond issues comply with the International Capital Markets Association (ICMA) Green Bond Principles (GBP) and Russian green project standards, allowing banks to apply reduced risk weights to these bonds. The bonds offer both fixed and floating coupons, catering to a variety of investor interests.

Natalia Loginova, Director of the Issuer Relations Department at Moscow Exchange:

"We are seeing growing interest from issuers and investors in sustainable development instruments, including green bonds. Since the beginning of the year, eight bond issues from five issuers have been placed in the Moscow Exchange Sustainability Sector. The total volume of securities in the sector is 517 billion rubles. We are actively working to increase the number of green issuers. Since 2024, such bonds have been specially labeled, and we have a series of ESG indices that include securities of issuers that meet sustainability standards. Furthermore, the exchange is conducting educational work – this year, the third edition of the ESG guide was published, and the Moscow Exchange Issuer Academy offers an investor track, "Back to School: How to Read Non-Financial Reports," and an educational course for issuers, "How to Meet Best Sustainability Practices."

Ekaterina Pylnova, Executive Director for Banking and Financial Markets at AFK Sistema:

"The debut placement of green bonds is a viable form of fundraising, capable of providing additional impetus to the development of environmental projects in the domestic market. Thanks to this, Emperium, a company within the Corporation, will continue to build its electric passenger fleet, which will be expanded by dozens of new vessels, and the associated infrastructure will be created. The successful placement demonstrates Sistema's attractiveness as an issuer in the sustainable finance market."

As an issuer, Moscow Exchange adheres to best practices in non-financial reporting disclosure. In 2024, it released its fifth sustainability report, as well as its first climate report. The company has an environmental policy that defines the exchange's core principles, objectives, and priorities in environmental protection and nature management. Moscow Exchange's ESG index portfolio includes six indicators.

Contact information for media: 7 (495) 363-3232PR@moex.com

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

In accordance with the Listing Rules of Moscow Exchange PJSC, in connection with the receipt of the application, the Chairman of the Management Board made the following decisions on December 16, 2025:

1.

Register an additional issue of exchange bonds; assign a registration number to the additional issue in relation to the following securities:

Name of the Issuer	Joint Stock Company "First Freight Company"
Name of the security	Exchange-traded interest-bearing non-convertible uncertificated bonds series 003P-02 (additional issue No. 1)
Registration number of the additional issue	4B02-02-55521-E-003P dated 12/16/2025

2.

Register an additional issue of exchange bonds; assign a registration number to the additional issue in relation to the following securities:

Name of the Issuer	Joint Stock Company "First Freight Company"
Name of the security	Exchange-traded interest-bearing non-convertible uncertificated bonds series 003P-03 (additional issue No. 1)
Registration number of the additional issue	4B02-03-55521-E-003P dated 12/16/2025

Contact information for media: 7 (495) 363-3232PR@moex.com

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.