Financial news: 09/26/2025, 17:43 (Moscow time) the values of the upper limit of the price corridor and the range for assessing market risks for the PLT/RUB currency pair were changed.

Translation. Region: Russian Federal

Source: Moscow Exchange – Moscow Exchange –

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In accordance with the Methodology for Determining Risk Parameters of the Foreign Exchange Market and Precious Metals Market of Moscow Exchange PJSC by the National Clearing Center (JSC) on September 26, 2025, at 5:43 PM (Moscow time), the values of the upper limit of the price corridor (up to RUB 4,471.37 in the TOD settlement mode) and the market risk assessment range (up to RUB 4,712.7809, equivalent to a rate of 17.08%) for the PLT/RUB currency pair were changed. New values are available. Here.

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.

Financial News: Chukotka's public bond placement on Finuslugi will begin on September 30.

Translation. Region: Russian Federal

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

On September 30, 2025, the Chukotka Autonomous Okrug's public bond offering, totaling 140 million rubles, will begin on the Finuslugi marketplace. Applications will be accepted for the bonds at 12:00 AM Moscow time and 9:00 AM Anadyr time on September 30. This offering will be the second of four planned by the Far Eastern Federal District (FEFD) and the Arctic regions by the end of this year.

The funds raised will be used to support municipalities in implementing participatory budgeting projects, including master plan projects for the improvement of courtyard areas.

The bonds will have a one-year maturity. The par value of each bond is 1,000 rubles. Coupon income will be 17.5% per annum throughout the entire maturity period, with coupons paid quarterly.

Investors will be able to tender bonds for redemption beginning April 1, 2026. The execution of a sell order will take five to six business days from the time of submission. Accrued coupon income will be calculated until the order is executed, meaning the investor will not lose interest while the sell order is being executed.

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

"The launch of the Far Eastern Federal District's public bonds on Finuslugi marks a new stage in the development of social investment on the marketplace. We are pleased to offer our citizens the opportunity not only to earn a steady income and grow their savings, but also to participate in improving the quality of life of our country's residents by becoming co-investors in regional master plan projects."

Alesya Kalinova, First Deputy Governor, Head of the Department of Finance and Property Relations of the Chukotka Autonomous Okrug:

"The participatory budgeting mechanism has been actively used in the district since 2019 and allows citizens to participate in determining priority budget expenditures. People's bonds allow citizens to contribute to the development of their region by funding important municipal initiatives and receive guaranteed interest income with the flexibility to manage their funds without losing interest when withdrawing."

Elvira Nurgalieva, Deputy Minister of the Russian Federation for the Development of the Far East and the Arctic:

"The issuance of Chukotka's people's bonds is an important step in developing social investment in the macro-region. Moreover, the people's bond mechanism functions not only as a financial instrument but also as a form of participatory budgeting, where citizens become real participants in the transformation. This approach makes government programs truly people-centered and fosters a culture of responsible investment in the Far East and the Arctic."

An agreement providing for the issuance of national bonds by subjects of the Far Eastern Federal District and the Arctic was signed between the Moscow Exchange and the Ministry for the Development of the Russian Far East on the sidelines of the Eastern Economic Forum (EEF 2025). In addition to the Chukotka Autonomous Okrug and Amur Oblast, whose bond placement began on September 23, Magadan Oblast and the city of Yakutsk are also considering issuing national bonds on Finuslugi in 2025.

People's bonds became available for purchase on Finuslugi in 2021. A unique feature of these bonds is that they are only available to individuals—they are not traded on the stock exchange and have no secondary market. Purchasing people's bonds on Finuslugi does not require a brokerage account: all transactions are conducted directly between the individual and the issuer. Simply register in your personal account or the Finuslugi mobile app using the Gosuslugi service.

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. HTTPS: //finumlius.ru.

Contact information for media: 7 (495) 363-3232Pr@moex.kom

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.

Dmitry Chernyshenko: Businesses note the rapid return on investment for modular hotels.

Translation. Region: Russian Federal

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

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Dmitry Chernyshenko held a working meeting with the head of the Republic of Kalmykia, Batu Khasikov.

In Elista, Deputy Prime Minister Dmitry Chernyshenko held a working meeting with Batu Khasikov, Head of the Republic of Kalmykia. They discussed the development of tourism, science, education, youth policy, and sports in the region.

The Deputy Prime Minister thanked Batu Khasikov for hosting the III International Buddhist Forum, congratulated the head and residents of the republic on the 105th anniversary of its founding, and conveyed congratulations from Prime Minister Mikhail Mishustin.

"Our President has set a goal: to increase tourist flow to 140 million people per year by 2030. Kalmykia is making a significant contribution to this goal through its participation in the national project 'Tourism and Hospitality.' According to regional data, this year's tourist numbers have already increased by approximately 80%. I ask you to maintain this momentum, because the incredible nature and fascinating historical sites deserve to be visited by as many tourists as possible. I am pleased that you are effectively using government support tools," the Deputy Prime Minister noted.

As part of the national project "Tourism and Hospitality," the program supporting the construction of modular hotels continues. For example, the Marco Polo hotel complex in Elista has completed projects to build the three-star, 50-bed Marco Polo Garden modular hotel and the 25-bed Ecopark glamping site.

According to the Deputy Prime Minister, business representatives note the rapid return on investment for modular hotels and their popularity among tourists.

On the topic of sports, Dmitry Chernyshenko reported that a government commission is preparing a rating to assess the effectiveness of regions in sports.

"Kalmykia has always demonstrated excellence in this area. By the end of 2024, your citizen participation rate in regular sports was 58%," he added.

The Deputy Prime Minister expressed special gratitude for the work of the phygital center.

"Following President Vladimir Vladimirovich Putin's instructions, we are implementing the national project 'Youth and Children' starting this year. The head of state has set a national goal: realizing the potential of every individual, developing their talents, and raising patriotic citizens. One of the key objectives is creating educational infrastructure. More than 3,000 new places have been created in schools and kindergartens in the republic, and 57 schools have been renovated. More than 16,000 students are currently studying at colleges and universities in the region. Gorodovikov Kalmyk State University is part of the 'Priority 2030' program," emphasized Dmitry Chernyshenko.

He instructed the region to focus on engaging educational institutions in more actively implementing federal measures, including the "Professionalism" federal project.

The Deputy Prime Minister and the head of Kalmykia also discussed the development of the scientific sphere in the region.

"Youth laboratories are active—three projects are launching this year. They are receiving support from the Russian Science Foundation. It's gratifying that you personally support talented researchers. They receive the annual award from the Head of the Republic of Kalmykia," said the Deputy Prime Minister.

Dmitry Chernyshenko also emphasized that, thanks to victories in the "Region for the Young" competition, the region received approximately 300 million rubles for the renovation and equipping of youth spaces.

Volunteerism is growing in the republic: approximately 13,000 young people are already involved. For example, volunteers regularly send humanitarian aid to soldiers in the special military operation zone.

"The event we are holding today at the behest of President Vladimir Vladimirovich Putin—the 3rd International Buddhist Forum—allows us to make our modest contribution to strengthening Russia's international standing. We are also fulfilling the President's directive to promote Buddhist education, integrating it with secular education. Yes, much work remains to be done in this area, but with the support of federal agencies, I believe we will accomplish this gradually, step by step. And everything is based, of course, on friendship and unity. In this way, we are telling the world that Russia is a great, friendly country, open to cooperation and ready to meet all challenges," said Batu Khasikov.

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.

Financial News: Requirements for the Issuance of Digital Financial Instruments (DFIs): Draft Bank of Russia Instructions

Translation. Region: Russian Federal

Source: Central Bank of Russia

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Bank of Russia suggests introducing A set of requirements for decisions on issuing credit digital financial assets (DFAs). This is a new product that banks are issuing using a portion of their loan portfolio.

Credit-based digital financial instruments (DFIs) enable investors to receive payments related to payments under a bank's loan agreement. By purchasing such an instrument, the investor assumes the risk of default on the loan, which was originally assumed by the lender. Therefore, when issuing credit-based digital financial instruments (DFIs), the bank must provide the investor with information about the loan agreement, including its number, loan amount, interest rate, whether the agreement allows assignment to a third party, and disclose information about the borrower.

With this information, an investor can make more informed decisions when purchasing this type of digital financial asset.

The document also expands the list of information required in the decision to issue any digital financial assets. The issuer's information must include a link to the website where the issuer discloses the information. If the issuer has a credit rating, a link to the website of the credit rating agency that assigned it must be included.

The public discussion of the draft Directive will last until October 10, 2025, inclusive.

Preview photo: Ranjith Ravindran / Shutterstock / Fotodom

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.

Financial news: 09/26/2025, 16-15 the values of the lower limit of the repo price corridor, the carry rate and the range of interest rate risk assessment for the HEAD (Headhunter) security were changed.

Translation. Region: Russian Federal

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

September 26, 2025

16:15

In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by the National Credit Center (JSC) on September 26, 2025, 16:15 (Moscow time), the values of the lower limit of the repo price corridor with the settlement code Y0/Y1Dt (up to -25.23%), the transfer rate and the range of interest rate risk assessment (up to -8.79 rubles, equivalent to a rate of 46.36%) for the HEAD (Headhunter) 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.

Dmitry Patrushev: Agricultural trade between Russia and India increased by more than 60% in 2024.

Translation. Region: Russian Federal

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

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Deputy Prime Minister of the Russian Federation Dmitry Patrushev paid a working visit to the Republic of India. As part of the business program, meetings were held with the heads of key government agencies.

Trade and economic cooperation between the two countries was discussed at a meeting with Piyush Goyal, Minister of Commerce and Industry of the Republic of India. The parties also discussed the work of the two countries' regulatory agencies, cooperation in the fishing industry, and the possibility of opening full access to the Indian market for Russian meat and dairy products. Furthermore, the Deputy Prime Minister noted the importance of accelerating the process of concluding a mutually beneficial free trade agreement between the Eurasian Economic Union and India.

Dmitry Patrushev and Indian Minister of Chemicals and Fertilizers Jagat Prakash Nadda discussed developing cooperation in the supply of mineral fertilizers. The Deputy Prime Minister of Russia emphasized Russia's interest in further strengthening its strategic partnership with India and continuing mutually beneficial cooperation.

Dmitry Patrushev discussed the potential increase in supply volumes and expansion of the range of agricultural products with India's Minister of Agriculture and Farmers' Welfare, Shivraj Singh Chouhan. For example, Russia sees potential in increasing exports of Russian vegetable oils, pulses, and other products.

The Deputy Prime Minister reported that agricultural trade between Russia and India increased by more than 60% in 2024.

Dmitry Patrushev also noted that Russia highly values the potential for scientific and technical cooperation between the two countries, for example, in the field of plant breeding. The meeting discussed the possibility of direct contacts between research centers in Russia and India, as well as the organization of internships for specialists.

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.

Financial News: The Bank of Russia will strengthen its oversight of professional participants who circumvent regulations to combat foreign sanctions.

Translation. Region: Russian Federal

Source: Central Bank of Russia

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Between January and September 2025, the Bank of Russia identified a number of violations of the decrees of the President of the Russian Federation defining the conditions for transactions with non-residents and aimed at maintaining financial stability, and has already imposed penalties on the professional participants.

In particular, the provisions of the Decree of the President of the Russian Federation of 01.03.2022 No. 81 "On additional temporary economic measures to ensure the financial stability of the Russian Federation", the Decree of the President of the Russian Federation of 05.03.2022 No. 95 "On the temporary procedure for fulfilling obligations to certain foreign creditors", the Decree of the President of the Russian Federation of 03.03.2023 No. 138 "On additional temporary economic measures related to the circulation of securities", and the Decree of the President of the Russian Federation of 05.08.2022 No. 520 "On the application of special economic measures in the financial and fuel and energy sectors in connection with the unfriendly actions of certain foreign states and international organizations" were violated.

Fines totaling over 20 million rubles have been imposed on five financial institutions operating as professional securities market participants. The Bank of Russia has revoked the licenses of three depositories.

The Bank of Russia will continue to closely monitor professional participants' compliance with anti-sanctions regulations and will publish information about identified violations and imposed sanctions on its website.

Preview photo: Kung37 / Shutterstock / Fotodom

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.

Financial news: On September 29, 2025, JSC KAVKAZ.RF will hold a deposit auction.

Translation. Region: Russian Federal

Source: Moscow Exchange – Moscow Exchange –

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Parameters;

The deposit auction date is September 29, 2025. The placement currency is RUB. The maximum amount of funds placed (in the placement currency) is 600,000,000. Placement period, days – 65. The date of depositing funds is September 30, 2025. The date of return of funds is December 4, 2025. 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 600,000,000. 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 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.

Alexander Novak chaired a meeting of the 22nd Intergovernmental Russian-Chinese Commission on Energy Cooperation

Translation. Region: Russian Federal

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

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Deputy Prime Minister of Russia Alexander Novak and Vice Premier of the State Council of the People's Republic of China Ding Xuexiang chaired a meeting of the 22nd Intergovernmental Russian-Chinese Commission on Energy Cooperation in Beijing. The parties discussed a wide range of issues related to cooperation in the fuel and energy sector.

Alexander Novak stated that Russian-Chinese cooperation in energy is a crucial component of bilateral relations.

"The People's Republic of China is the Russian Federation's largest and most reliable partner in the international energy market. Russian energy resources account for the majority of trade between our countries," the Deputy Prime Minister noted.

Alexander Novak noted that Russia's energy policy is guided by the need to work collaboratively with the international community to strengthen global energy security and ensure universal access to reliable and affordable energy sources. At the same time, the Russian Federation is committed to the closest possible partnership with China in the energy sector across all areas.

"We will certainly continue our comprehensive work to implement the agreements reached on current and future cooperation projects, and actively work to implement the goals of comprehensively developing friendly and cooperative relations between our countries, as set by President Vladimir Putin and Chinese President Xi Jinping," the Deputy Prime Minister stated.

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.

Marat Khusnullin: Traffic has reopened at two interchanges on the M-3 "Ukraine" highway in the Moscow region.

Translation. Region: Russian Federal

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

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Traffic has been launched at two interchanges on the M-3 "Ukraine" highway in the Moscow region.

The reconstruction project for the M-3 "Ukraine" highway, from km 65 to km 124 from Bekasovo to Maloyaroslavets, continues. Work on this project is divided into two phases, one for the Moscow and one for the Kaluga regions. As of today, traffic has been reopened at two interchanges in the Moscow region, at km 66 and km 77. Deputy Prime Minister Marat Khusnullin announced this.

"The M-3 'Ukraine' Highway connects Russia's capital with the southwestern regions and provides access to Belarus' highways. The road is a key link in the system of international transport corridors and plays a critical role for freight and passenger traffic. Active modernization of the highway is currently underway in the Moscow and Kaluga regions, which will significantly increase its capacity, improve road safety, and reduce transportation costs by reducing travel times. The work is progressing well, and there are tangible results. Today, traffic was launched at the new interchanges. Drivers are now able to use two interchanges—at the 66th and 77th kilometers—providing quick and safe access to the towns of Bekasovo and Kotovo," said Marat Khusnullin.

The interchange at km 66 to the village of Bekasovo includes seven exits. During construction, over 9,000 tons of asphalt concrete were laid, 3.4 kilometers of metal barrier fencing were installed, 1,200 square meters of horizontal markings were applied, and five culverts were installed. Sixty-eight outdoor lighting poles were also installed to improve visibility at night.

Traffic has been launched at two interchanges on the M-3 "Ukraine" highway in the Moscow region.

Seven exit ramps have also been created at the 77th-kilometer interchange on the Kotovo highway. During the work, 10,500 tons of asphalt concrete were laid, over 4 kilometers of metal barrier fencing were installed, 2,000 square meters of horizontal road markings were applied, eight culverts were installed, and 73 outdoor lighting poles were installed to ensure comfortable travel at night.

According to Vyacheslav Petushenko, Chairman of the Board of the state-owned company Avtodor, the first stage of the M-3 "Ukraine" reconstruction project, covering the Moscow region from the 65th to the 86th km, includes the construction of four interchanges.

"To ensure comfortable and safe travel on our road network and improve connectivity between communities, we are building new interchanges. In addition to the interchanges at km 66 and 77 of the M-3 highway, traffic was previously opened at km 71 near Moskovskaya Street in Naro-Fominsk, as well as at km 85, which connects the communities of Nefedovo and Dedenyovo. Thanks to this, we have already increased the highway's capacity and traffic safety by eliminating at-grade intersections," noted Vyacheslav Petushenko.

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.