Category: Economics

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Financial news: Far East and Arctic regions plan to place national bonds on Finuslugi

Translation. Region: Russian Federal

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

On September 3, on the sidelines of the Eastern Economic Forum (EEF-2025), Moscow Exchange and the Ministry for the Development of the Russian Far East signed a cooperation agreement on the issuance of national bonds by regions of the Far Eastern Federal District (FEFD) and the Arctic. They will soon appear on the Finuslugi marketplace created by Moscow Exchange.

The funds raised will be used to finance events and projects envisaged by the master plans of Far Eastern and Arctic cities. The agreement was signed by Deputy Minister of the Russian Far East Development Elvira Nurgalieva and Senior Managing Director of Moscow Exchange for Retail Business, Development of Electronic Platforms and the Finuslugi Marketplace Igor Alutin.

In 2025, the Amur and Magadan regions, the Chukotka Autonomous Okrug, and the city of Yakutsk are considering issuing public bonds with a total volume of about 2.2 billion rubles on Finuslugi.

As Igor Alutin noted, Finuslugi also plans to publish materials with master plan projects for Far Eastern and Arctic cities, for which the regions will issue national bonds.

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

“The preparation of the Far East regions for the issue of people's bonds on Finuslugi coincided with the anniversary of the Eastern Economic Forum, which is undoubtedly a significant event for us. We are pleased to welcome new regions to the platform and are proud to provide Russians with the opportunity not only to receive income from investments, but also to become co-investors in socially significant projects to develop infrastructure and improve the quality of life in our vast regions. People's bonds have already proven themselves to be an effective tool for attracting investment and a reliable way to diversify savings, so the Finuslugi team will continue to actively expand their range.”

According to Elvira Nurgalieva, the Ministry for the Development of the Russian Far East is currently continuing active discussions with the regions about their participation in the issue of public bonds and the feasibility of using this instrument in the implementation of city master plans.

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

“Three more regions have planned to issue for 2026. According to preliminary calculations, the total debt capacity of the Far East regions is about 300 billion rubles. This allows us to consider people's bonds as a source of financing for many projects. I am confident that cooperation with the Moscow Exchange will help increase the volume of issues and scale up the use of this financial instrument in the Far East and the Arctic. We see this not only as an effective way to attract additional investment, but also as an opportunity to make residents direct participants in important infrastructure changes for their cities.”

Within the framework of the agreement, Moscow Exchange and the Ministry for the Development of the Russian Far East plan to organize joint events, form working groups, exchange information, and engage in consultative and marketing interactions in order to popularize and develop public bonds in the Far Eastern and Arctic regions.

The opportunity to purchase national bonds appeared on Finuslugi in 2021. The peculiarity of such bonds is that only individuals can buy them – they are not traded on the stock exchange and do not have a secondary market. To purchase national bonds on Finuslugi, you do not need a brokerage account: all transactions are carried out directly between an individual and the issuer. It is enough to register in your personal account or the Finuslugi mobile application using the State Services service.

Finuslugi is a marketplace for money created by the Moscow Exchange. On Finuslugi, you can select and open bank deposits online 24/7, take out cash loans, purchase mutual fund units, public bonds of companies and Russian regions, as well as OSAGO, CASCO, mortgage insurance, real estate insurance and other products. You can top up deposits and accounts on Finuslugi for free using the Fast Payment System (FPS). The service can be used regardless of the region, anywhere in Russia and the world. More details 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 of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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Financial news: Order to revoke the license, Tavrichesky Bank (JSC).

Translation. Region: Russian Federal

Source: Central Bank of Russia –

An important disclaimer is at the bottom of this article.

Collection of cash, bills of exchange, payment and settlement documents and cash services for individuals and legal entities.

Purchase and sale of foreign currency in cash and non-cash forms.

Carrying out money transfers without opening bank accounts, including electronic money (except for postal money orders).

Carrying out transfers of funds on behalf of individuals and legal entities, including correspondent banks, through their bank accounts.

Carrying out transfers on behalf of individuals and legal entities, including correspondent banks, to their bank accounts in precious metals

Opening and maintaining bank accounts for individuals and legal entities.

Opening and maintaining bank accounts of individuals and legal entities in precious metals, with the exception of coins made of precious metals.

Attracting funds from individuals and legal entities into deposits (on demand and for a specified period).

Attracting precious metals from individuals and legal entities into deposits (on demand and for a specified period), with the exception of coins made of precious metals.

Placement of funds attracted into deposits (on demand and for a specified period) of individuals and legal entities on their own behalf and at their own expense.

Placement of precious metals attracted into deposits (on demand and for a specified period) by individuals and legal entities, with the exception of coins made of precious metals, on their own behalf and at their own expense.

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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The government has additionally allocated over 100 billion rubles to subsidize preferential mortgage programs

Translation. Region: Russian Federal

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

An important disclaimer is at the bottom of this article.

The government continues to support citizens who want to improve their housing conditions. An order was signed to allocate 100.4 billion rubles to subsidize interest rates under the Family Mortgage, Far Eastern and Arctic Mortgage, and Preferential Mortgage programs. Additional funding will come from the Cabinet's reserve fund.

Of the total amount, 53.4 billion rubles will be allocated to subsidize the "Family Mortgage". This will make it possible to maintain the preferential mortgage program with a rate of 6% for citizens with children.

Another 9.6 billion rubles are allocated to ensure the implementation of the “Far Eastern and Arctic Mortgage” at a preferential 2 percent rate.

In addition, 37.4 billion rubles will go to subsidizing the interest rate on previously issued loans under the Preferential Mortgage program, which ended on July 1, 2024.

The issue was considered atGovernment meeting on August 28.

The document will be published.

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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Financial news: RTS Index turns 30.

Translation. Region: Russian Federal

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

On September 1, 1995, the RTS Index began to be calculated – at that time the main indicator of the Russian stock market. The first value of the index was 100 points. Since then, it has increased more than 10 times and today is at the level of 1112 points.

The RTS Index reached its maximum value on May 19, 2008 at 2487.92 points, and its minimum on October 2, 1998, when trading closed at 38.53 points. The maximum annual growth of the index by 197% was recorded in 1999.

The first RTS Index included shares of 13 issuers: RAO UES of Russia, Irkutskenergo, KAMAZ, Komineft, LUKOIL, Mosenergo, RAO Norilsk Nickel, Noyabrskneftegaz, Purneftegaz, Rostelecom, Surgutneftegaz, Tomskneft, Yuganskneftegaz. The largest number of securities (128) were included in the RTS Index in the first half of 1998, when the list consisted of all shares admitted to exchange trading.

Since 2012, the main indicators of the Russian stock market on the Moscow Exchange – the Moscow Exchange Index and the RTS Index – have the same calculation base. Today, it includes 45 of the most liquid shares of the largest public Russian companies. The Moscow Exchange Index is calculated in rubles, the RTS Index – in US dollars.

One of the most popular exchange instruments created on the index is the RTS Index futures contract, trading in which began in 2005. It is one of the most liquid instruments traded on the Moscow Exchange. Since 2021, trading in mini-futures on the RTS Index with a 10-fold reduced nominal contract volume compared to the classic RTS Index futures has begun on the Moscow Exchange futures market.

Earlier, derivative financial instruments, ETFs, and structured products managed by large international financial companies were created on the RTS Index in international markets.

Issuers with the longest history in the RTS Index:

LUKOIL; Surgutneftegas; Norilsk Nickel; Rostelecom.

The most capitalized companies in the Index are:

Sberbank – 6.65 trillion rubles; Rosneft – 4.83 trillion rubles; Gazprom – 4.38 trillion rubles.

The average daily trading volume of RTS Index futures in 2025 is 38.8 billion rubles.

The average daily trading volume of shares included in the RTS Index in 2025 is USD 899.7 million.

The maximum annual trading volume of shares included in the RTS Index was reached in 2021 and amounted to USD 324.2 billion.

Moscow Exchange is the largest Russian exchange, the only multifunctional platform in Russia for trading shares, bonds, derivatives, currencies, money market instruments and commodities. The Moscow Exchange Group includes a central depository, as well as a clearing center that performs the functions of a central counterparty in the markets, which allows Moscow Exchange to provide clients with a full cycle of trading and post-trading services.

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

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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Dmitry Chernyshenko visited the Beijing Economic and Technological Development Zone.

Translation. Region: Russian Federal

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

An important disclaimer is at the bottom of this article.

Deputy Prime Minister of the Russian Federation Dmitry Chernyshenko visited the Beijing Economic and Technological Development Zone. In particular, the Deputy Prime Minister assessed the developments of the robotics center and the demonstration zone of high-level autonomous driving, as well as a specialized incubator of unmanned technologies and a drone certification center.

Let us recall that Dmitry Chernyshenko is taking part in the working visit of President Vladimir Putin to China as part of the delegation.

"The day before, at a meeting of the Council of Heads of State of the SCO member states in China, our President Vladimir Putin noted the expansion of ties between its members in the field of science and education. Today, about 300 Russian and 500 Chinese organizations are implementing or planning to implement more than a thousand joint scientific projects," the Russian Deputy Prime Minister emphasized.

He added that the experience of the Beijing Economic and Technological Development Zone is applicable to the creation of technology parks as part of world-class campuses. It is there that resident companies will develop new innovative products for the regions of the Russian Federation.

The Russian Deputy Prime Minister reported that a number of state support measures have been launched in Russia within the framework of the national project "Youth and Children" for universities that are engaged in developments for strategically important industries. For example, MSTU "Stankin" as a participant in the "Priority-2030" program presented developments in the field of robotics and unmanned aircraft systems, and the Southern Federal University, within the framework of the advanced engineering school, trains highly qualified engineers in the field of mechatronics and robotics.

Dmitry Chernyshenko noted the high level of scientific cooperation between Russia and China. The most popular areas of joint projects are: mathematical and natural sciences, engineering, technology and technical sciences, social sciences, health care and medicine.

The working group on high technologies and innovations and the subcommission on scientific and technical cooperation operate on a permanent basis. The key document is the "road map" of Russian-Chinese cooperation in the field of science, technology and innovations for the period up to 2025.

There is also a competitive selection of scientific projects from the relevant ministries of Russia and China. This year alone, 15 of them were supported. The topics include advanced materials and high-precision chemical industry, information technology, new transport systems and other areas.

The Deputy Prime Minister added that the launch of interesting projects that were prepared within the framework of the subcommittee on scientific, technological and innovative development and the working group can be observed in the near future.

It should be noted that the Beijing Economic and Technological Development Zone has representative offices of more than 26,000 companies whose activities are focused on the development of such technological industries as information technology, the automotive industry, biotechnology and life sciences, robotics and intelligent manufacturing. One of the features is the focus on the development of environmentally friendly technologies.

The high-level autonomous driving demonstration zone is designed to support large-scale operation of high-level autonomous vehicles. Test licenses have been issued to 35 companies for more than 1,000 vehicles.

The exposition of the robotics center "Big World of Robots" presents 50 robots of different functionality from 30 companies. Including sorting robots, baristas, loaders, surgical, diagnostic robots, a fish robot for detecting water pollution and others.

The Deputy Prime Minister also emphasized that the field of artificial intelligence is one of the most promising for cooperation. President Vladimir Putin instructed to promote cooperation with the People's Republic of China in the field of AI in December at the conference "Journey into the World of Artificial Intelligence." Three Chinese associations joined the International Alliance in the Field of AI, created in Russia last year.

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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Marat Khusnullin: During the operation of the national project "Infrastructure for Life", 2.5 million square meters of housing were commissioned in the Far Eastern Federal District

Translation. Region: Russian Federal

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

An important disclaimer is at the bottom of this article.

The Far East, being a strategically important region of Russia, requires special attention to the creation of modern infrastructure and comfortable living conditions. That is why work on the development of housing construction and the urban environment here is one of the important areas of the Government's work. Thus, since 2019, 23.4 million square meters of housing have already been commissioned in the Far Eastern Federal District. This was reported by Deputy Prime Minister Marat Khusnullin.

"The development of the Far East and the Arctic is of great geopolitical importance for Russia. The President pays special attention to work in this area. Therefore, we are trying to approach the development of the Far Eastern Federal District in a comprehensive manner. It is important not just to build, but to create conditions for people to live. To date, 23.4 million square meters of housing have been commissioned. But it is not only the volume that is important, but also the availability of this housing for people, and here the Far Eastern Mortgage program has shown excellent results. The numbers speak for themselves: since the beginning of the year, more than 18 thousand mortgage loans have already been issued, and a total of about 150 thousand families have received loans at an unprecedentedly low rate. At the same time, we are creating a modern urban environment, because people should live not just in new apartments, but in comfortable, well-appointed cities," said Marat Khusnullin.

The Deputy Prime Minister noted the active improvement work being carried out in the regions of the Far Eastern Federal District. To date, about 5.7 thousand territories have already been improved, including 3,120 public spaces and 2,540 courtyards.

For the subjects of the Far Eastern Federal District, a separate competition has been organized within the framework of the federal project "Formation of a comfortable urban environment", which is being held on the instructions of the President of Russia. Since its launch, 184 winning projects have been selected, of which 55 have already been implemented.

This year, the fourth competition for the best projects to create a comfortable urban environment for the Far East was held. 103 applications were submitted, and 54 projects from 11 regions of the district were declared winners. These projects will receive grants for implementation in the amount of 20 million to 300 million rubles. Thanks to them, key public spaces – parks, embankments and squares – in different parts of the Far East will be transformed.

For example, in the Sakhalin Region, in Kholmsk, the Peace Square was improved according to the "Sea Symphony" project. There was created an amphitheater for 200 seats, a pedestrian promenade with a view of the sea and an art pavilion "Wave". Ramps and tactile tiles for people with limited mobility were also installed.

A sports park called "Yantarny" with exercise machines, an amphitheater and bike paths has appeared in Dolinsk. The facility uses energy-saving lighting and modern surfaces. The park is equipped for people with disabilities.

In Buryatia, in the village of Sotnikovo, an all-season space "Khii Morin" with elements of local culture was created. An indoor area, an amphitheater stage and recreation areas were built. During construction, specialists used energy-efficient technologies and installed playgrounds.

In addition, in the sphere of integrated development of territories in the Far Eastern Federal District, 116 territories with a total area of over 2.1 thousand hectares with an urban development potential of 11.3 million square meters have been identified. 48 territories with an area of almost 704 hectares are at the implementation stage. Within the framework of the KRT, over 36 thousand square meters of housing and over 30 thousand square meters of non-residential premises have been commissioned. In addition, 24.73 thousand square meters of emergency housing have been resettled to date.

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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Financial news: On holding auctions on September 3, 2025 for the placement of OFZ issues No. 26225RMFS and No. 26247RMFS

Translation. Region: Russian Federal

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

For bidders

We inform you that, based on the letter of the Bank of Russia and in accordance with Part I. General Part and Part II. Stock Market Section of the Rules for Conducting Trading on the Stock Market, Deposit Market and Credit Market of Moscow Exchange PJSC, the order establishes the form, time, term 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 security federal loan bonds with constant coupon income
State registration number of the issue 26225RMFS from 15.02.2018
Date of the auction September 3, 2025
Information about the placement (trading mode, placement form) The placement of Bonds will be carried out in the Trading Mode “Placement: Auction” by holding an Auction to determine the placement price.BoardId: PACT(Settlements: Ruble)
Trade code SU26225RMFS1
ISIN code RU000A0ZYub7
Calculation 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 security federal loan bonds with constant coupon income
State registration number of the issue 26247RMFS from 08.05.2024
Date of the auction September 3, 2025
Information about the placement (trading mode, placement form) The placement of Bonds will be carried out in the Trading Mode “Placement: Auction” by holding an Auction to determine the placement price.BoardId: PACT(Settlements: Ruble)
Trade code SU26247RMFS5
ISIN code RU000A108EF8
Calculation 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 of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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Financial news: 02.09.2025, 15-46 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A107PU5 (RZhD 1P-30R) were changed.

Translation. Region: Russian Federal

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

02.09.2025

15:46

In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC), on September 2, 2025, 15:46 (Moscow time), the values of the upper limit of the price corridor (up to 109.29) and the range of market risk assessment (up to 1201.44 rubles, equivalent to a rate of 25.0%) of the security RU000A107PU5 (RZhD 1P-30R) were changed.

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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Financial news: Draft Main Directions of the Unified State Monetary Policy for 2026 and the Period of 2027 and 2028

Translation. Region: Russian Federal

Source: Central Bank of Russia –

An important disclaimer is at the bottom of this article.

for 2023 and the period 2024 and 2025№58–59 (2390–2391) from 30.11.2022 for 2022 and the period 2023 and 2024 No.84–85 (2324–2325) from 08.12.2021 for 2021 and the period 2022 and 2023 No. 94-95 (2230-2231) from 02.12.2020 for 2020 and the period 2021 and 2022 No.77-78 (2129-2130) from 10.12.2019 for 2019 and the period 2020 and 2021 No.89-90 (2043-2044) from 14.12.2018 for 2018 and the period 2019 and 2020 No.109–110 (1943–1944) from 19.12.2017 for 2017 and the period 2018 and 2019 No.108 (1826)from 09.12.2016 for 2016 and the period 2017 and 2018 No.108 (1704)from 30.11.2015 for 2015 and the period 2016 and 2017 No.106 (1584)from 01.12.2014 for 2014 and the period 2015 and 2016 No.67 (1463)from 26.11.2013 for 2013 and the period 2014 and 2015 No.67 (1385) from 28.11.2012 for 2012 and the period 2013 and 2014 No.65 (1308) from 24.11.2011 for 2011 and the period 2012 and 2013 No.67 (1236) from 09.12.2010 for 2010 and the period 2011 and 2012 No.68 (1159) from 26.11.2009 for 2009 and the period 2010 and 2011 No.66 (1082) from 14.11.2008 for 2008 year No.47 (991) dated 08/22/2007 for 2007 No.66 (936) from 30.11.2006 for 2006 No.65 (863) from 08.12.2005 for 2005 No.71 (795) from 16.12.2004 for 2004 No.66 (718) from 04.12.2003 for 2003 year No.68 (646) from 17.12.2002 for 2002 year No.1 (579) from 03.01.2002 to 2001 No.1 (501) from 05.01.2001 for 2000 year No.76 (420) from 09.12.1999

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New restrictions from 2026 – Russians with debts will be denied microloans

Translation. Region: Russian Federal

Source: Mainfin Bank –

An important disclaimer is at the bottom of this article.

Why are the authorities introducing new restrictions for microloan lovers?

Additional restrictions on the market loans from MFO will be introduced at the initiative of the Central Bank of the Russian Federation. The State Duma explained the tightening of regulation by several reasons:

high level of indebtedness of the population – in 2024 alone, over 6.4 million people became new clients of microfinance organizations; easy access to microloans provokes Russians to make impulsive purchases; many borrowers find themselves in a debt hole, because they take out a new loan to pay off the previous one; also, due to low financial literacy, citizens fall into the trap of unscrupulous lenders and fraudulent companies.

Cooling the industry has been discussed by industry participants since 2024 – the Bank of Russia has planned a large-scale reform: MFIs are planned to be divided into three categories, which will determine the list of services offered and the amount of capital required.

How will the restrictions on issuing more than one loan work?

In 2026, it will become more difficult for Russians to get a loan from microfinance organizations – the State Duma is preparing to introduce several bans that will cool the market:

it will not be possible to have more than one loan in an MFI at the same time; a new microloan can be issued three days after the old debt is closed; the maximum overpayment will be reduced from 130 to 100% per annum; the authorities will introduce a three-day “cooling-off period” for microloans – this is already in effect for credit products of banks (money does not become available immediately after signing the contract).

“Tighter regulation could lead to the growth of the shadow segment, which will entail additional risks for borrowers – in pursuit of “easy” money, Russians could become victims of fraudsters,” experts express their concern.

Measures are also planned to be taken to combat illegal lenders – supervision of the industry will be strengthened and advertising of organizations that do not have a license but offer loans at high interest rates and property collateral will be prohibited. Such companies often disguise themselves as pawnshops and consignment shops, concealing fraudulent activity.

10:00 02.09.2025

Source:

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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