Category: Economics

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Financial news: Gazprom Neft places a pilot issue of over-the-counter bonds on the Finuslugi marketplace.

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.

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Tatyana Golikova led the Russian delegation at the opening of the Future Games in the UAE.

Translation. Region: Russian Federation –

Source: Government of the Russian Federation – Government of the Russian Federation –

An important disclaimer is at the bottom of this article.

The opening ceremony of the Future Games took place in Abu Dhabi, the capital of the United Arab Emirates. Deputy Prime Minister Tatyana Golikova led the Russian delegation to the international multi-sport tournament.

The competition will take place from December 18th to 23rd in 11 innovative disciplines, including phygital football, phygital basketball, phygital martial arts, phygital shooters, phygital dancing, drone racing, and robot battle. Russia is represented by 77 participants from 13 teams. Among the Russian participants are teams that hold leading positions in the World Phygital Community international rankings and winners and runners-up of phygital games. These include RFSO Lokomotiv in phygital football, BC Moskovsky and Liga Pro Team in phygital basketball, and Donstu Esports in phygital shooter. Tatyana Golikova wished the participants victory in the competition.

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.

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Marat Khusnullin: A new building for a specialized medical center has been commissioned in Moscow.

Translation. Region: Russian Federation –

Source: Government of the Russian Federation – Government of the Russian Federation –

An important disclaimer is at the bottom of this article.

A new treatment and diagnostic building for the Russian Ministry of Health's Center for Dermatovenereology and Cosmetology has been opened in Moscow. Deputy Prime Minister Marat Khusnullin announced the opening.

"Modern medical facilities equipped with the latest equipment and technology significantly improve the effectiveness of diagnostics and treatment for our patients. The new specialized treatment and diagnostic building is designed to provide medical care to adult patients with lymphomas and skin tumors, as well as children suffering from severe dermatosis. The facility significantly expands our capabilities for specialized and high-tech medical care and directly contributes to maintaining people's health. The facility was implemented by the Single Customer Development and Control Center (DCC), and the commissioning permit has already been received. We anticipate its opening in 2026," said Marat Khusnullin.

The construction of the facility was carried out within the framework of the register of capital construction projects, which is part of the comprehensive state program "Construction", supervised by the Ministry of Construction of Russia.

"The total area of the facility is over 5,400 square meters. It includes emergency rooms for adults and children, a radiology department, and a 24-hour inpatient unit with 40 beds. The building houses two operating rooms, a central sterilization unit, and a six-bed intensive care unit. A heated underground passage has been built to conveniently transport patients from the new building to the existing physiotherapy unit," noted Deputy Minister of Construction, Housing and Utilities Yuri Gordeyev.

Construction of the building was completed in June 2025. Its surrounding area has been fully landscaped, with lighting installed, recreation areas equipped, and a lawn laid.

"Reconstruction and restoration of the Almshouse building of the Coronation Asylum and the I.D. Baev Almshouse are also underway at the Dermatology, Venereology, and Cosmetology Center. Professional restorers will restore the historical appearance of the building facades, architectural stucco decoration, plaster moldings, and brickwork. The premises will also undergo a major overhaul and renovation. Once all work is completed, the buildings will house a 24-hour dermatology and venereology inpatient department and a consultative and diagnostic department," said Karen Oganesyan, General Director of the Unified Customer Production and Consulting Company.

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.

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Financial news: Decommissioning of the Universal File Gateway software from January 1, 2026.

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.

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Financial news: On December 17, 2025, the Moscow Small Business Lending Assistance Fund will hold a deposit auction.

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.

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Financial news: The first repo transactions with interim payments have been concluded on the Moscow Exchange.

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.

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Financial news: New Bank of Russia service on Gosuslugi.

Translation. Region: Russian Federation –

Source: Central Bank of Russia

An important disclaimer is at the bottom of this article.

Now a citizen or organization can use Gosuslugi can find out, whether they are on the lists of persons controlling credit, insurance organizations or non-state pension funds.

Previously, requests for information were mostly received in paper form. The service allows you to submit a request in just a few clicks and receive a prompt response from the Bank of Russia.

According to the law, credit and insurance organizations and non-state pension funds are required to provide the Bank of Russia with information about the persons who control them, as well as update this data.

Preview photo: Mikhail Grebenshchikov / RBC / TASS

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.

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The government has extended the preferential leasing program for entrepreneurs in new regions.

Translation. Region: Russian Federation –

Source: Government of the Russian Federation – Government of the Russian Federation –

An important disclaimer is at the bottom of this article.

The program for preferential leasing of machinery and equipment for small and medium-sized businesses in the Donetsk and Luhansk People's Republics, and the Zaporizhzhia and Kherson regions has been extended until the end of 2026. The necessary amendments have been made to the state program "Economic Development and Innovative Economy" and approved by a government resolution.

This program covers preferential leasing of machinery and equipment in the agricultural, food, transportation, and construction industries. The preferential leasing rate for Russian-made equipment is up to 6% per annum, while for foreign-made equipment, it's up to 8%.

The federal budget allocates 500 million rubles for the program's implementation in 2026.

The preferential leasing program was launched by the government in 2023 and has become a sought-after mechanism for supporting entrepreneurs in new regions. The decision to extend it will facilitate the further development of the industrial sector, help modernize production, and stimulate entrepreneurship.

The document will be published.

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.

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Mikhail Mishustin gave instructions on the implementation of technology policy.

Translation. Region: Russian Federation –

Source: Government of the Russian Federation – Government of the Russian Federation –

An important disclaimer is at the bottom of this article.

The Ministry of Industry and Trade's authority to shape technology policy will be expanded. This decision was approved by Prime Minister Mikhail Mishustin.

Taking these changes into account, the Ministry of Industry and Trade and the Ministry of Economic Development, together with interested agencies, will submit, by February 5, coordinated proposals to clarify the delineation of powers between federal executive bodies in the area of technology policy and the necessary adjustments to regulatory legal acts.

A decision was also made to vest certain powers in the area of technology policy in the Government Commission on Industry. These include ensuring the functioning of a unified model for managing technology policy, coordinating the appointment of qualified customers and general designers of technology cooperation maps, auditing the implementation of technology cooperation maps, and ensuring the submission of monthly reports to the Prime Minister on the results achieved.

Strengthening the country's technological sovereignty is one of the key objectives set by the President. Specific national projects are aimed at achieving this goal. There are currently eight of them, and another one, dedicated to the bioeconomy, will be launched in January.

On December 15, Mikhail Mishustin held a meeting dedicated to the implementation of technology policyIn his speech, he recalled that a comprehensive system for assessing technological development has been created to monitor the effectiveness of all measures and activities aimed at strengthening the country's technological sovereignty. It contains rules for calculating and monitoring the achievement of goals and allows for tracking the development of high-tech solutions and products based on domestic technologies.

"To accelerate the growth of industries, regions, and the economy as a whole, it's important to continue implementing breakthrough ideas and developing a strong industrial base. This, as the President emphasized, is a national task, in which all levels of government, science, and business must participate," the Prime Minister noted.

Mikhail Mishustin added that advanced solutions should be widely adopted and replicated across all sectors, so that their use improves the quality of Russian goods and services and helps make the lives of our citizens more convenient and comfortable.

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.

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Financial news: AFK Sistema's debut green bond issues have been listed on the Moscow Exchange.

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.