Category: Московская Биржа

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

December 16, 2025

18:25

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 16.12.2025, 18-25 (Moscow time), the values of the upper limit of the price corridor (up to 15.6) and the range of market risk assessment (up to 181.14 rubles, equivalent to a rate of 50.0%) of the security SU26231RMFS9 (OFZ 26231) 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.

Application selection parameters;

Application selection date is 12/17/2025. Unique application selection identifier is 22,025,437. Deposit currency is rubles. Type of funds is the Unified Treasury Account. The maximum amount of funds placed on bank deposits, in monetary units is 648,000,000,000. Placement period, in days is 2. Date of depositing funds is 12/17/2025. Date of return of funds is 12/19/2025. Interest rate for placing funds (fixed or floating) is FIXED. Minimum fixed interest rate for placing funds, % per annum is 15.76. Basic floating interest rate for placing funds is the Minimum spread, % per annum. Terms and conditions of concluding a bank deposit agreement (term, replenishable or special) is Term. The minimum amount of funds placed for one application, in monetary units, is 1,000,000,000. The maximum number of applications from one credit institution, pcs. 2. Application selection form (Open with random completion, Closed, Open with extension). Open with random completion. Application selection schedule (Moscow time). Venue for application selection: Moscow Exchange. Applications will be accepted from 10:00 to 10:10. Applications in preliminary mode from 10:00 to 10:05. Applications in competition mode from 10:05 to 10:10. Random trading end period (sec.): 120 Bid increment:

Time step (sec.):

Extension period end time:

Formation of a consolidated register of applications from 10:30 to 11:00. Setting the cutoff interest rate and (or) recognizing the selection of applications as unsuccessful from 10:30 to 11:10. Sending an offer to credit institutions to conclude a bank deposit agreement from 11:10 to 11:30. Receipt of acceptance of the offer to conclude a bank deposit agreement from credit institutions from 11:10 to 11:30. The time of deposit transfer in accordance with the requirements of paragraphs 63 and 64 of the Order of the Federal Treasury dated April 27, 2023 No. 10n.

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.

For bidders

We inform you that, based on a letter from the Bank of Russia and in accordance with Part I. General Part and Part II. Stock Market Section of the Rules for Trading on the Stock Market, Deposit Market, and Loan Market of Moscow Exchange PJSC, the order establishes the form, time, duration, and procedure for holding auctions for the placement and trading of the following federal loan bonds:

1.

Name of the Issuer	Ministry of Finance of the Russian Federation
Name of the security	federal loan bonds with constant coupon income
State registration number of the issue	26251RMFS from August 19, 2025
Date of the auction	December 17, 2025
Information about the placement (Trading mode, placement form)	The placement of Bonds will be carried out in the “Placement: Auction” trading mode by holding an Auction to determine the placement price.BoardId: PACT (Settlement: Ruble)
Trade code	SU26251RMFS7
ISIN code	RU000A10CKT3
Settlement code	B01
Additional conditions of placement	The share of non-competitive bids in relation to the total volume of bids submitted by the Bidder may not exceed 90%.
Trading time	Trading hours: bid collection period: 14:30 – 15:00; bid execution period: 15:30 – 18:00.

2.

Name of the Issuer	Ministry of Finance of the Russian Federation
Name of the security	federal loan bonds with constant coupon income
State registration number of the issue	26253RMFS from October 17, 2025
Date of the auction	December 17, 2025
Information about the placement (Trading mode, placement form)	The placement of Bonds will be carried out in the “Placement: Auction” trading mode by holding an Auction to determine the placement price.BoardId: PACT (Settlement: Ruble)
Trade code	SU26253RMFS3
ISIN code	RU000A10D517
Settlement code	B01
Additional conditions of placement	The share of non-competitive bids in relation to the total volume of bids submitted by the Bidder may not exceed 90%.
Trading time	Trading hours: bid collection period: 12:00–12:30; bid execution period: 13:00–18:00.

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.

December 16, 2025

15:27

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 16.12.2025, 15-27 (Moscow time), the values of the upper limit of the price corridor (up to 107.79) and the range of market risk assessment (up to 12915.97 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.

December 16, 2025

11:22

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 16.12.2025, 11:22 (Moscow time), the values of the upper limit of the price corridor (up to 110.65) and the range of market risk assessment (up to 1183.67 rubles, equivalent to a rate of 8.75%) of the security RU000A0JT403 (VEB.RF 18) 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.

Parameters;

The deposit auction date is 16.12.2025. Placement currency is RUB. The maximum amount of funds placed (in the placement currency) is 30,000,000. Placement term, days – 112. Date of depositing funds is 16.12.2025. Date of return of funds is 07.04.2026. Minimum placement interest rate, % per annum is 15. Terms of the conclusion, urgent or special (Urgent). The minimum amount of funds placed for one application (in the placement currency) is 30,000,000. The maximum number of applications from one Participant, pcs. 1. Auction form, open or closed (Open).

The Agreement is based on the General Agreement. Schedule (Moscow time). Pre-bids are accepted from 12:15 to 12:30. Competitive bids are accepted from 12:30 to 12:40. The cutoff interest rate may be set or the auction may be declared void by 1:10 PM. Additional terms include: Deposits are deposited without the option of early withdrawal, and interest is paid monthly.

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 16.12.2025. Placement currency is RUB. The maximum amount of funds placed (in the placement currency) is 850,000,000. Placement period is 35 days. The date of depositing funds is 16.12.2025. The date of return of funds is 20.01.2026. The minimum placement interest rate, % per annum is 16.5. Terms of the conclusion, urgent or special (Urgent). The minimum amount of funds placed for one application (in the placement currency) is 850,000,000. 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). Applications in preliminary mode from 10:30 to 10:40. Applications in competition mode from 10:40 to 10:45. Setting the cut-off percentage or declaring the auction invalid by 10:55.

Additional 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.

Application selection parameters;

Application selection date is 16.12.2025. Unique application selection identifier is 22,025,436. Deposit currency is rubles. Type of funds is the Unified Treasury Account. The maximum amount of funds placed on bank deposits, in monetary units, is 328,000,000,000. Placement period, in days, is 2. Date of depositing funds is 16.12.2025. Date of return of funds is 18.12.2025. Interest rate for placing funds (fixed or floating) is FIXED. Minimum fixed interest rate for placing funds, % per annum is 15.76. Basic floating interest rate for placing funds is the Minimum spread, % per annum. Terms and conditions of concluding a bank deposit agreement (term, replenishable, or special) is Term. The minimum amount of funds placed for one application, in monetary units, is 1,000,000,000. The maximum number of applications from one credit institution, pcs. 2. Application selection form (Open with random completion, Closed, Open with extension). Open with random completion. Application selection schedule (Moscow time). Venue for application selection: Moscow Exchange. Applications will be accepted from 10:00 to 10:10. Applications in preliminary mode from 10:00 to 10:05. Applications in competition mode from 10:05 to 10:10. Random trading end period (sec.): 120 Bid increment:

Time step (sec.):

Extension period end time:

Formation of a consolidated register of applications from 10:30 to 11:00. Setting the cutoff interest rate and (or) recognizing the selection of applications as unsuccessful from 10:30 to 11:10. Sending an offer to credit institutions to conclude a bank deposit agreement from 11:10 to 11:30. Receipt of acceptance of the offer to conclude a bank deposit agreement from credit institutions from 11:10 to 11:30. The time of deposit transfer in accordance with the requirements of paragraphs 63 and 64 of the Order of the Federal Treasury dated April 27, 2023 No. 10n.

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.

December 15, 2025

17:18

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 15.12.2025, 17-18 (Moscow time), the values of the lower limit of the repo price corridor with the settlement code Y0/Y1Dt (up to -92.02%), the transfer rate and the range of interest rate risk assessment (up to -0.446 rubles, equivalent to a rate of 118.82%) of the ZAYM (Zaymer JSC) security 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.

December 15, 2025

17:05

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 15.12.2025, 17-05 (Moscow time), the values of the lower limit of the repo price corridor with the settlement code Y0/Y1Dt (up to -73.01%), the transfer rate and the range of interest rate risk assessment (up to -0.356 rubles, equivalent to a rate of 97.91%) of the ZAYM (Zaymer JSC) security 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.