Financial news: 16.10.2025, 18-22 (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 Federation –

Source: Moscow Exchange – Moscow Exchange –

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In accordance with the Methodology for determining the risk parameters of the foreign exchange market and the precious metals market of Moscow Exchange PJSC by the National Clearing Center (JSC) on October 16, 2025, 18-22 (Moscow time), the values of the upper limit of the price corridor (up to RUB 4,669.48 in the TOD settlement mode) and the market risk assessment range (up to RUB 4,930.8788, 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: 16.10.2025, 18-57 the values of the lower limit of the repo price corridor, the carry rate and the range of interest rate risk assessment for the security RU000A10C9Y2 (NOVATEK1P5) were changed.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

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October 16, 2025, 6:57 PM

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 16.10.2025, 18-57 (Moscow time), the values of the lower limit of the repo price corridor with settlement code Y0/Y1Dt (up to -25.79%), the transfer rate and the range of interest rate risk assessment (up to -63.72 rubles, equivalent to a rate of 46.36%) for security RU000A10C9Y2 (NOVATEK1P5) 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.

Marat Khusnullin: Applications from Kursk Oblast, Krasnodar Krai, and the Republic of Buryatia for treasury infrastructure loans have been approved.

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

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Deputy Prime Minister Marat Khusnullin chaired a meeting of the Presidium (Headquarters) of the Government Commission on Regional Development. Participants discussed the implementation of the "Infrastructure for Life" national project, cash execution issues for programs, and reviewed regional applications for project financing using treasury infrastructure loans (TILs).

"Following the President's instructions, systematic monitoring of housing construction in the regions continues. As of October 1, 2025, 76.57 million square meters of housing had been commissioned. Urban development potential has increased to 471 million square meters. The volume of housing under construction has increased to 120 million square meters. It is essential to maintain this pace and ensure the commissioning of over 100 million square meters of housing this year. Road construction is also showing positive momentum. Overall, key national targets are being met on schedule. Contractual discipline under state programs is a key issue, as it determines the timely completion of all planned projects. With little time left until the end of the year, the regions are faced with the task of ensuring the full utilization of allocated funds," said Marat Khusnullin.

In terms of achieving key performance indicators, Marat Khusnullin noted the high results of the Saratov and Penza regions, the republics of Tatarstan, Adygea, Buryatia, Mordovia, and the Chechen Republic.

Following a review of regional applications for project financing using treasury infrastructure loans, projects were approved in Kursk Oblast, Krasnodar Krai, and the Republic of Buryatia.

"The use of treasury infrastructure loans opens up additional opportunities for the implementation of socially significant projects in the regions. We continue to actively review regional funding applications so they can begin work quickly. Today, the headquarters approved applications from Kursk Oblast, Krasnodar Krai, and the Republic of Buryatia totaling 15.62 billion rubles. These are 12 projects, including 14 facilities. The funds from the treasury infrastructure loans will be used to modernize housing and utilities systems, transport infrastructure projects, and public amenities," noted Marat Khusnullin.

Specifically, the Kursk Region will receive a treasury infrastructure loan of 2.63 billion rubles to modernize public utilities in the Bolshesoldatsky, Khomutovsky, and Rylsky districts.

Additionally, 2.25 billion rubles will be allocated to the Republic of Buryatia for the reconstruction of the Tyi water intake in Severobaikalsk, repair of emergency sewers and external networks, and improvement of public spaces in Ulan-Ude. Furthermore, major repairs to tram tracks and reconstruction of the runway at Nizhneangarsk Airport in the Severobaikalsky District are planned.

In the Krasnodar region, a main sewer collector is planned to be built in the city of Krasnodar using KIK funds totaling 10.74 billion rubles.

First Deputy Minister of Construction, Housing and Utilities Alexander Lomakin reported on the financing of integrated territorial development projects (ITD) using subsidies from the federal budget.

"Thanks to the President's decision, regions with low budgetary capacity, as well as entities for which individual socio-economic development programs are being developed, can receive direct subsidies for the construction of facilities under the KRT. Currently, 19 regions have begun contracting, and 14 have already fully completed this process. Regional authorities are allocating funds for the construction or reconstruction of infrastructure facilities, as well as for connecting facilities to utility networks," noted Alexander Lomakin.

The Russian Ministry of Construction oversees the Treasury Infrastructure Loan Program, and the Territorial Development Fund participates in its implementation.

"The KIK mechanism was launched as a continuation of the infrastructure budget loan program, which has proven effective in addressing regional development challenges. The funds, provided on favorable terms—at 3% interest for 15 years—are used to implement projects that are important to people. To date, applications under the KIK program have been approved for 82 regions, totaling 333.75 billion rubles. Most of the funds will be used to upgrade public utility infrastructure," noted Vasily Kupyzin, CEO of the Territorial Development Fund.

At the headquarters meeting, the regional leaders also discussed infrastructure restoration in the DPR, LPR, and the Zaporizhzhia and Kherson regions. The Deputy Prime Minister instructed that work on preparations for the autumn-winter period and on educational facilities be completed as soon as possible.

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A plenary session entitled "Creating the Energy of the Future Together" was held as part of Russian Energy Week.

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

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Russian President Vladimir Putin's speech at the plenary session of the Russian Energy Week 2025 forum. Photo courtesy of the Russian Presidential Press Service.

The plenary session of the Russian Energy Week 2025 forum, titled "Creating the Energy of the Future Together," became the key event of the program, defining strategic guidelines for the development of the Russian fuel and energy sector through 2050. The industry, which has maintained its leading position despite sanctions pressure, is demonstrating resilience, the ability to mobilize technologically, and is shaping a new investment cycle, relying on domestic resources and international partnerships.

Russian President Vladimir Putin outlined the key guidelines for the development of global and domestic energy. The main trend is the reconfiguration of global energy connections towards the countries of the global South against the backdrop of the breakdown of the previous architecture. Russia retains its status as one of the leading oil producers: by the end of the year, production of about 510 million tons is expected under the OPEC+ agreement. Gas exports are diversifying through new directions, including LNG, with an increase in domestic consumption and active gasification – about 100 thousand km of networks have been built – the gasification level has reached 74.7%. In the electric power industry (270 GW of installed capacity), the priorities are eliminating deficits, developing networks and launching new stations without increasing the tariff burden on consumers. The Russian energy balance remains green: 87% of generation comes from sources with a minimal carbon footprint. Rosatom is strengthening its leadership by implementing plans to commission over 29 GW of nuclear power generation, including small nuclear power plants. The growth in demand from the digital economy (data center, AI) is expected to be ensured by local generation. Particular attention is paid to technological sovereignty – import substitution in oil and gas equipment and the formation of cooperation with partners in BRICS and the global South. The coal market, despite its cyclical nature, will retain a significant role for decades to come, especially with the growth of business activity in the Asia-Pacific region. Now the industry is experiencing a decline in prices, so the state is supporting companies and teams, including loan restructuring. At the same time, coal miners need to increase efficiency and competitiveness. The goal is to create a fair, predictable and sustainable energy order in which Russia strengthens its position as a global leader. “It is especially important to effectively manage the production and reserves of resources, ensure the technological and environmental development of the industry in order to supply the domestic market, achieve national development goals, and also fulfill external agreements. We have always done this, we are doing this and, of course, we will do this – this is one of our absolute priorities,” the President said.

The main topic of discussion was an explanation of the points of the 2050 Energy Strategy, including directions for modernization and digitalization of the industry, as well as strengthening the country's technological sovereignty.

Deputy Prime Minister Alexander Novak noted that the Energy Strategy 2050 sets out key tasks: ensuring energy security, developing the domestic market, improving the quality of petroleum products, gasifying regions and creating balanced fuel and energy balances. The second priority is the preservation and increase of export potential, which today amounts to about 17% of the entire resource base, including supplies of coal and liquefied natural gas. “The main technological goal is the transition from import substitution to leadership: by 2028, Russia should achieve 90% technological independence and reach a level of competitiveness in key segments. By 2035, it is planned to completely digitalize the energy sector, introduce artificial intelligence and digital twins, and the energy efficiency of the industry should increase by 40% by 2050,” said Alexander Novak. General Director of Rosatom State Corporation Alexey Likhachev emphasized that the Russian nuclear industry has unique full-cycle competencies – from development to operation of facilities, and nuclear energy is becoming the “supporting structure” of the global energy balance. More than 110 power units of Russian design have already been implemented, including abroad, and small nuclear power plants will become part of the energy system of Siberia and the Far East. General Director of Gazprom Neft PJSC Alexander Dyukov noted that global demand for oil is growing due to the countries of the global South, petrochemicals and aviation, and Russia has all the resources to increase production while simultaneously developing its own developments. Within the industry, 77 priority technologies have already been developed jointly with the Ministry of Energy.

Minister of Economic Development Maxim Reshetnikov outlined the need to transition to a project economy: “With rising rates and limited external sources of capital, it is important to ensure the continuity of program implementation, improve regulatory mechanisms and distribute the tariff burden between producers and consumers,” explained the Minister of Economic Development. Moscow Mayor Sergei Sobyanin noted that the metropolis has already gone from an energy-intensive model to an efficient one: 90% of the capital’s transport runs on electric power, and the digital economy has become one of the largest consumers of energy. Moscow is implementing a unified city energy management system that combines data from producers to consumers. General Director of Rosseti Andrey Ryumin, in turn, emphasized: “The growth in electricity consumption is associated with the development of AI and data centers – only in the Rosseti system their connected capacity exceeded 1 GW. Electric transport infrastructure is actively developing – more than 120 charging stations have already been introduced, and the growth rate will only increase.” Special Representative of the President of Russia on investment and economic cooperation with foreign countries, Kirill Dmitriev spoke about the fact that the global energy sector remains underinvested: with global investments of $3.3 trillion, investors are looking for predictability and reliability, and Russia meets these criteria, and therefore opens up investment potential. Examples of successful projects include “Power Siberia – 2″ and partnership programs with the Middle East on joint technological solutions. According to the participants, the key task for the coming years is sustainable energy development, reliable supply of the domestic market and strengthening competitiveness on global platforms. 

The transition from technology buyer to technology leader, the creation of a digital energy environment, the development of local generation to supply the digital economy, and the export of Russian technological solutions—these areas will form the foundation of the new cycle's energy policy. The REW-2025 plenary session confirmed that infrastructure reliability, technological independence, and the ability to develop ahead of schedule are becoming decisive factors for growth.

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Alexander Novak: The most important area of cooperation between Russia and Uzbekistan is energy

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Alexander Novak held a working meeting with the Minister of Energy of the Republic of Uzbekistan, Jurabek Mirzamakhmudov, on the sidelines of the Russian Energy Week.

Deputy Prime Minister of Russia Alexander Novak held a working meeting with Minister of Energy of the Republic of Uzbekistan Jurabek Mirzamakhmudov on the sidelines of Russian Energy Week.

The parties discussed issues of developing cooperation in the gas, oil, and nuclear industries.

It was noted that Gazprom continues to implement its contract for natural gas supplies to Uzbekistan in the amount of 7.7 billion cubic meters per year. There are also significant prospects for increasing gas supplies, including LNG.

In 2024, 233,500 tons of Russian oil were delivered to Uzbekistan. Oil and gas companies from both countries are exploring opportunities for cooperation in developing hard-to-recover reserves in Uzbekistan.

An important aspect of cooperation between the countries is the construction of a nuclear power plant in Uzbekistan. In accordance with the agreements reached, this project will involve the construction of two power units with a capacity of 1,000 MW each and two additional power units with a capacity of 55 MW each. Construction of the first power unit of the small nuclear power plant began in October of this year.

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Alexander Novak met with the Minister of Energy and Water Resources of the Republic of Tajikistan, Daler Juma

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Alexander Novak met with the Minister of Energy and Water Resources of the Republic of Tajikistan, Daler Juma

On the sidelines of Russian Energy Week, Deputy Prime Minister of Russia Alexander Novak met with Minister of Energy and Water Resources of the Republic of Tajikistan Daler Juma.

The parties discussed cooperation in the energy sectors, including collaboration in the oil and electric power industries.

During the meeting, it was noted that Russia is the main supplier of petroleum products to Tajikistan, meeting approximately 90% of the country's domestic consumption. Discussions on joint projects to develop oil fields in Tajikistan continue.

In addition, recently significant progress has been made in resolving issues related to the work of the joint venture JSC Sangtuda HPP-1.

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Dmitry Patrushev and the Head of the Republic of Mordovia, Artem Zdunov, discussed the development of the agro-industrial complex and environmental issues in the region.

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Dmitry Patrushev held a working meeting with the head of the Republic of Mordovia, Artem Zdunov.

Deputy Prime Minister Dmitry Patrushev held a working meeting with Artem Zdunov, Head of the Republic of Mordovia. The main topics of discussion were the development of the agro-industrial complex and environmental issues in the region.

The Republic of Mordovia is one of the country's leaders in agricultural production per capita. Large agricultural holdings operate in the region, producing a full range of agricultural products. Dmitry Patrushev noted that in 2024, Mordovia saw growth in meat and dairy livestock production. This positive trend has continued this year.

One of the topics of the working meeting was the implementation of the state program "Integrated Development of Rural Areas." This program is helping develop infrastructure and build social facilities, housing, and roads. This year, 1.4 billion rubles from the federal budget have been allocated for the program in Mordovia. Two new integrated development projects are currently underway in the republic: in the towns of Ardatov and Insar. Projects begun in 2024 are also nearing completion: a cultural center has been overhauled in the village of Kemlya, a swimming pool has been built in the village of Komsomolsky, and the House of Culture is being renovated, along with the construction of a sewer system with a wastewater treatment plant.

Dmitry Patrushev and Artyom Zdunov also discussed the region's participation in the national project "Environmental Well-Being." As part of this project, work will continue on creating a comprehensive system for municipal solid waste management and reforestation. The head of the republic noted that construction of an important facility for the region—an inter-municipal waste processing complex with a capacity of 180,000 tons per year—is in its final stages.

Furthermore, Artyom Zdunov reported that the total area of reforestation in the region this year was approximately 2,000 hectares. The Republic of Mordovia is fully self-sufficient in planting material—pine seedlings are successfully grown at the Forest Fire Center, guaranteeing the quality and survival rate of young trees.

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The government has increased the amount of subsidies provided to the Omsk region as part of the federal Clean Air project.

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

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Order No. 2851-r of October 14, 2025

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Order No. 2851-r of October 14, 2025

The Omsk Region will receive additional funding for measures to reduce pollutant emissions as part of the federal project "Clean Air," part of the new national project "Environmental Well-Being." An order has been signed reallocating budget funds for these purposes.

The additional subsidy will be used to implement gasification measures for the private sector in Omsk, including converting residential buildings from stove heating to gas. Taking into account the new regulation, the total subsidy allocated to the region for these purposes in 2025 will exceed 367 million rubles.

The federal project "Clean Air" was launched in 2019 in 12 cities: Bratsk, Krasnoyarsk, Lipetsk, Magnitogorsk, Mednogorsk, Nizhny Tagil, Novokuznetsk, Norilsk, Omsk, Chelyabinsk, Cherepovets, and Chita. At the direction of the President, 29 more cities from 16 regions, primarily in Siberia and the Far East, joined the project on September 1, 2023.

These cities are implementing comprehensive action plans to reduce emissions from industrial enterprises, energy facilities, utilities, and transport infrastructure. These measures include modernizing industrial facilities, converting private homes from wood and coal heating to gas or electric heating, installing high-efficiency solid fuel boilers, repairing tram and trolleybus networks, and purchasing more environmentally friendly public transport models. All of this will reduce harmful emissions and improve the environment.

Thus, by the end of 2026, 12 participating cities must reduce their total pollutant emissions by at least 20%. By the end of 2030, 29 new participating cities must reduce their emissions by at least 20% compared to 2020 levels, and by the end of 2036, they must halve them.

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Financial news: 10/16/2025 The Investment Agency will hold a deposit auction.

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Parameters
Date of the deposit auction October 16, 2025
Placement currency RUB
Maximum amount of funds placed (in placement currency) 121,388,000
Accommodation period, days 146
Date of deposit October 16, 2025
Refund date March 11, 2026
Minimum interest rate for placement, % per annum 14.5
Conditions of imprisonment, urgent or special Urgent
Minimum amount of funds placed per application (in placement currency) 43,000,000
Maximum number of applications from one Participant, pcs. 1
Auction form, open or closed Open
Basis of the Treaty General Agreement
Schedule (Moscow time)
Preliminary applications from 12:15 to 12:30
Applications in competition mode from 12:30 to 12:40
Setting a cut-off percentage or declaring the auction invalid until 1:10 p.m.
Additional terms and conditions Placement of funds without the possibility of early withdrawal of the deposit, monthly payment of interest on the deposit

Financial news: 10/16/2025, 10:24 (Moscow time) the values of the upper limit of the price corridor and the range for assessing market risks for security RU000A107936 (RZhD 1P-29R) were changed.

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October 16, 2025, 10:24 AM

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 October 16, 2025, 10:24 (Moscow time), the values of the upper limit of the price corridor (up to 122.36) and the range of market risk assessment (up to 1376.17 rubles, equivalent to a rate of 31.25%) for security RU000A107936 (RZhD 1P-29R) 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.