Financial news: 01/19/2026, 16-41 the values of the lower limit of the repo price corridor, the transfer rate and the range of interest rate risk assessment for the SFIN (SEFAI JSC) security were changed.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

January 19, 2026

16:41

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 19.01.2026, 16:41 (Moscow time), the values of the lower limit of the repo price corridor with the settlement code Y0/Y1Dt (up to -61.01%), the transfer rate and the range of interest rate risk assessment (up to -1.593 rubles, equivalent to a rate of 84.41%) of the SFIN security (SEFAI JSC) 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.

Financial news: The deposit auction of JSC “SME Corporation” will take place on January 20, 2026.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

Parameters;

The date of the deposit auction is 20.01.2026. The placement currency is RUB. The maximum amount of funds placed (in the placement currency) is 2,300,000,000.00. Placement period, days 31. The date of depositing funds is 20.01.2026. The date of return of funds is 20.02.2026. The minimum placement interest rate, % per annum is 15.00. Terms of the conclusion, urgent or special (Urgent). The minimum amount of funds placed for one application (in the placement currency) is 2,300,000,000.00. 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 10:30 to 10:40. Competitive bids from 10:40 to 10:50. The cutoff percentage will be set or the auction will be declared void by 11:30.

Additional conditions.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Financial News: Identifier Management for OTCM Mode.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

Since December 15, 2025, the Identifier Management section of the LKU has been updated to allow for independent management of identifiers with clearing powers in OTCM mode on the foreign exchange market.

Added parameters for identifiers with clearing powers:

Selecting the type of authority for the OTCM mode (observation or observation and conclusion of OTC transactions); specifying the available OTCM instruments.

When clearing powers are disabled or login is cancelled, all powers for OTC modes are automatically removed.

For previously created identifiers in the clearing system for the OTCM mode, default settings (authorities to monitor and conclude transactions) are set.

The CUX83 Trader ID Authority Report has been updated to include information about the OTCM mode, including the ID access type.

The changes simplify setting up access to the new trading mode and increase the transparency of account management.

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.

RUDN University Professor Viktor Radzinsky was awarded the D. O. Ott Medal "For Outstanding Contribution to Maternal and Child Welfare."

Translation. Region: Russian Federation –

Source: Peoples'Friendship University of Russia

An important disclaimer is at the bottom of this article.

Doctor of Medical Sciences, Professor at RUDN University, Head of the Department of Obstetrics and Gynecology with a course in perinatology, and Academician of the Russian Academy of Sciences Viktor Radzinsky was awarded a high professional award—the D. O. Ott Medal "For Outstanding Contribution to Maternal and Child Health."

The award ceremony took place during the 128th anniversary celebration of the First Saint Petersburg State Medical University named after Academician I. P. Pavlov. We spoke with Viktor Evseevich and learned what this award means to him, what achievements of his work he is proud of, and what projects he is currently working on.

What achievements of Dmitry Ott, a legend in the field of obstetrics and gynecology, do you consider most important today?

Dmitry Oskarovich Ott's ideas remain relevant today. For example, the vaginal approach in gynecological surgery, the advantages of which were recognized by the international community over 20 years ago. Harry Rich, the inventor of laparoscopic hysterectomy (uterus removal), said that his method was superior to the vaginal approach. Today, this is a priority for those who master this technique: fewer complications, a minimal hospital stay, and the absence of external incisions (which is also important from an aesthetic perspective). Moreover, it was Ott who proposed and developed the technology of laparoscopic surgery over 100 years ago. He also wrote the first works on the biocenosis of the genital organs. Why did the First Saint Petersburg State Medical University named after I.P. Pavlov honor me with an award? Because Ott is its creator! The world's first women's medical institute, founded by him, was transformed into a general institution (both male and female) on the eve of World War I, and this year the university celebrated its 128th anniversary.

The medal recognizes your outstanding contribution to maternal and child health. Can you share some of your proudest achievements?

With 55 years of experience as a medical obstetrician and summing up some of my accomplishments, I consider the scientific contributions of my students (more than 50 doctors and 180 candidates of medical sciences) to the transformation of obstetric care to be a significant achievement. Specifically, this includes the introduction of early discharge (there is no other way to prevent infections in maternity hospitals), rooming-in of mother and child, modifications to cesarean sections, and the development of methods for combating hemorrhage in women in labor. But I believe the most important aspect of modern obstetrics is the fight against obstetric aggression: unnecessary tests, excessive "health" measures, and unjustified operative deliveries.

What are you working on now?

There's a lot left to do. We've already prepared new teaching materials for the "Reproductive Health" program for sixth-year students, and we're rushing to publish a textbook on obstetrics and gynecology specifically for general practitioners—one that describes not only what to do, but also how to do it.

What advice would you give to students just starting out in medicine and dreaming of one day making a difference in the field?

I would advise them to read "medical stories and short stories" by Chekhov, Bulgakov, and Veresaev. This will make them more honest and goal-oriented.

Congratulations to Viktor Evseevich on this well-deserved recognition of his professional contribution!

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.

a new step in helping people with diabetes

Translation. Region: Russian Federation –

Source: Peoples'Friendship University of Russia

An important disclaimer is at the bottom of this article.

Vladimir Mishatkin, a student at the Institute of World Economy and Business at RUDN University, and his team created a prototype of a wireless insulin pump with Bluetooth functionality. The device automatically calculates dosage, analyzes glucose levels, and provides patients with personalized recommendations for safe diabetes management.

The student's development has already received recognition from the expert community, including winning the "Start Your Business with Moscow" competition. We spoke with Vladimir to learn how the idea for the device came about, what the most challenging aspects of the project were, and the team's plans for its development this year.

How did the idea for the project come about, and why an insulin pump?

The idea for the project arose not from abstract market analysis, but from personal life experience. The main source of inspiration was a devastating diagnosis given to a loved one. Observing the daily difficulties, limitations, and stress faced by people with diabetes, I made a conscious decision to focus my knowledge and efforts on creating a solution that could truly change their quality of life. For me, this startup is more than just a business project. It's a personal matter of honor, a way to express gratitude to my family, and a tribute to everyone living with diabetes. That's why, from the very beginning, the idea was focused on the real needs of patients: convenience, safety, comfort, and freedom in their daily lives.

How long has the project been in development? What knowledge and skills did you gain at RUDN University help you develop the idea?

Work on the pump has been ongoing for two years. During this time, the concept has evolved from an idea to the MVP (minimum viable product) stage. Studies at RUDN University played a significant role in the project's development. The economic knowledge gained allowed for an in-depth analysis of the Russian and international medical device markets, calculation of the project's economic viability, and the development of a comprehensive business and financial model necessary for dialogue with investors and industrial partners.

Who else is on your team, how did you come together and distribute roles?

My teammate and former MAI student Ivan Anisimov is with me. He joined the project early on, sharing the idea of creating a technologically advanced and user-friendly solution for people with diabetes. Ivan is responsible for developing the mobile app prototype, server logic, and APIs that ensure stable interaction between the app, device, and the project's digital infrastructure. I'd also like to mention my classmate Fyodor Averyanov. He supported the idea from an early stage and joined the team as an analyst. Fyodor is responsible for working with big data, market analysis, and assisting with the development of economic calculations and financial models.

Irina Georgievna Rybkina, head of the department and pediatric endocrinologist at the Morozov Children's City Clinical Hospital, ensures the project's medical and scientific validation. Her participation allows the product to be developed in strict accordance with clinical practice and the actual needs of patients.

Industrial partners joined the project at the final stage. The device is currently being refined in collaboration with the design bureau of ELTA Company LLC (brand name "Satellite"), the largest manufacturer of glucometers in Russia. Additionally, the project involves a team of developers responsible for the software, specifically writing code for BLE (Bluetooth Low Energy) and developing a mobile app that enables wireless user interaction with the device.

Explain it to a layperson: How does a pump make life easier for someone with diabetes compared to existing solutions?

The main advantage of our system is personalization and automation of diabetes management. Unlike insulin pens, where patients must calculate doses and administer injections themselves, the insulin pump operates using microdosing. It mimics the natural function of the pancreas, delivering insulin in small doses throughout the day. This avoids sudden blood sugar spikes and significantly improves the patient's health.

Compared to traditional pumps, our device features a completely wireless architecture. The absence of wires makes it more comfortable to wear, reduces the risk of compression or damage to the system, and minimizes psychological discomfort. A key element is the intelligent personalized recommendation system. It analyzes patient data and provides accurate analytics for tailored therapy, reducing the risk of errors and improving disease control.

What were the most challenging technical or algorithmic challenges you encountered while developing the device logic?

One of the most challenging tasks was establishing a stable wireless connection between the physical device and the mobile app. Finding a specialist with practical experience writing BLE (Bluetooth Low Energy) code proved a significant challenge, as such specialists are extremely rare in the market. A second critical area was developing a motor mechanism for precise insulin dosing. For a medical device, error margins are minimal, so it was necessary to create a system capable of ensuring stable, ultra-precise delivery. Significant effort was also devoted to the algorithmic component—generating the logic for personalized recommendations based on patient data and clinical protocols.

What will the personalized recommendations system look like and in what format will they be sent to patients?

The patient enters their blood glucose levels into the mobile app throughout the day. Based on this data, the system uses algorithms and formulas coordinated with leading Russian endocrinologists to determine acceptable ranges and blood sugar trends. Based on the identified trends, the user receives personalized recommendations for adjusting their daily insulin dose. This allows the patient to monitor their glucose levels throughout the day, reducing the risk of hypo- and hyperglycemia. Recommendations will be provided in a convenient digital format via the mobile app, including analytics, notifications, and decision-making prompts.

What did participating in and winning the "Start Your Business with Moscow" competition bring? Does the project have any other accomplishments?

Winning the "Start Your Business with Moscow" competition was the project's starting point. It allowed the project to attract initial interest from businesses, establish important professional contacts, and reach the level of industrial collaboration. The support of the Moscow Chamber of Commerce and Industry was particularly valuable, as it enabled the introduction and subsequent collaboration with ELTA Company LLC (Satellite brand).

Our project is:

Prize winner of the international competition "Business Generation 2025"; prize winner and scholarship recipient of the Moscow Chamber of Commerce and Industry; finalist of the MGIMO Ventures pre-accelerator; participant of the SechenovTech accelerator; resident of the Academy of Innovators (top 100 projects in Russia); a project included in the top 1000 according to the Ministry of Education and Science of Russia; a project that has attracted interest from medical companies and specialized funds.

What stage is the project at now and what are the development plans for the next year?

The project is currently finalizing its MVP and completing the software code required for certification. Key tasks for the next phase include completing the MVP and obtaining software certification as a computer, as well as patents for the industrial design, invention, and utility model. Within a year, the team plans to complete the technical and legal preparations necessary for the next stage—clinical trials and commercialization of the solution.

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: 01/19/2026, 15-21 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A0ZYFM5 (DOM.RF B-8) were changed.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

January 19, 2026

15:21

In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of PJSC Moscow Exchange by the NCC (JSC) on 19.01.2026, 15-21 (Moscow time), the values of the upper limit of the price corridor (up to 105.05) and the range of market risk assessment (up to 1116.77 rubles, equivalent to a rate of 7.5%) for the security RU000A0ZYFM5 (DOM.RF B-8) 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.

Financial news: On the 200th anniversary of Mikhail Saltykov-Shchedrin (01/19/2026).

Translation. Region: Russian Federation –

Source: Central Bank of Russia

An important disclaimer is at the bottom of this article.

On January 20, 2026, the Bank of Russia will issue a commemorative silver coin of 2 rubles “Writer M.E. Saltykov-Shchedrin, on the 200th anniversary of his birth” from the “Outstanding Personalities of Russia” series (catalog no. 5110-0192).

Mikhail Saltykov-Shchedrin was a Russian writer and one of the most renowned satirists of the 19th century. He penned familiar satirical fairy tales, including "The Wise Minnow," "The Tale of How One Peasant Fed Two Generals," and "The Idealist Crucian Carp," as well as novels such as "The History of a Town" and "The Golovlyov Family."

A silver coin with a denomination of 2 rubles (pure precious metal weight – 15.55 g, alloy fineness – 925) has the shape of a circle with a diameter of 33.0 mm.

There is a raised edge around the circumference of both the front and back sides of the coin.

The obverse of the coin features a relief image of the State Emblem of the Russian Federation, along with the inscriptions: "RUSSIAN FEDERATION", "BANK OF RUSSIA", the coin denomination "2 RUBLES", the year of issue "2026", the metal type according to D.I. Mendeleyev's Periodic Table of Elements, the alloy fineness, the trademark of the St. Petersburg Mint, and the pure weight of the precious metal.

The reverse side of the coin features relief images of a portrait of M.E. Saltykov-Shchedrin and figures of the mayors of the town of Foolov from the work "The History of a Town"; along the rim are inscriptions: on the right – "M.E. SALTYKOV-SHCHEDRIN", at the bottom left – "1826-1889".

The side surface of the coin is corrugated.

The coin is made in proof quality.

The mintage of the coin is 3.0 thousand pieces.

The issued coin is legal tender in the Russian Federation and must be accepted at face value for all types of payments without restrictions.

When using the material, a link to the Press Service of the Bank of Russia is required.

January 19, 2026, 1:58:55 PM

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 first ratings of Russian issuers' shares have been published.

Translation. Region: Russian Federation –

Source: Central Bank of Russia

An important disclaimer is at the bottom of this article.

The Bank of Russia has summarized the results of a pilot project to assign non-credit ratings to ordinary shares of Russian issuers. These ratings will provide additional guidance for retail and institutional investors when making long-term portfolio decisions.

The first star ratings (on a scale of one to five) were received by issuers fromshareholder value creation programs from two credit rating agencies – National Credit Ratings AndNational Rating Agency.

A non-credit equity rating is an agency's expert opinion on the fair value of companies, taking into account the quality of corporate governance, information disclosure, and shareholder protection, as well as the investment attractiveness of their securities over a one-year horizon. Its value is determined by comparing the current and fair values of shares. Extreme values indicate either overvaluation or undervaluation of the shares by the market and can serve as a signal for investors when purchasing securities.

In 2026, the Bank of Russia plans to include in its regulation the use of such ratings in the financial market.

Preview photo: Natalya Bozadzhy / 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: 01/19/2026, 11-12 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the SFIN (SFAI JSC) security were changed.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

January 19, 2026

11:12

In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by the NCC (JSC) on January 19, 2026, 11-12 (Moscow time), the values of the upper limit of the price corridor (up to 1056.8) and the range of market risk assessment (up to 1195.828 rubles, equivalent to a rate of 41.25%) of the SFIN (SFAI JSC) security were changed.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Financial news: Moscow Exchange shares received a non-credit rating from the National Credit Ratings Agency.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

Moscow Exchange became one of the first issuers to receive a non-credit rating from the National Credit Ratings Agency (NCR). MOEX shares have a target price of 226 rubles, representing a 39% return potential.yu1sch until the end of 2026, including dividends. The calculation is based on fundamental analysis.

The National Committee of the Russian Stock Exchange (NCR) noted Moscow Exchange's leading position in the Russian capital market, the stability and diversification of its business model, the active development of new products, and its proven dividend history. The NCR also highly praised the Exchange's investor protection, reflecting the quality of its corporate governance.

Anton Terentyev, Director of Investor Relations at Moscow Exchange:

"The rating represents a nearly 40% return potential for Moscow Exchange shares, confirming the sustainability and viability of our business model. We are pleased that, as a result of our proactive work and ongoing dialogue with the investment community, Moscow Exchange is among the first few companies to receive non-credit ratings. By participating in the new ratings system, the exchange has sent a positive signal to investors and set a benchmark for other Russian issuers."

The methodology for assigning the NCR non-credit rating to public company shares has been approved by the Bank of Russia. The scale was developed to help investors better navigate securities on the Russian market. For issuers, the rating also serves as a signal for improving corporate governance and adhering to investor protection practices.

Non-credit ratings became a logical continuation Shareholder Value Creation Programs, which was launched in 2025 by the Bank of Russia jointly with the Moscow Exchange. As part of the program, the exchange calculates and publishes Moscow Exchange Value Creation Index, including securities of issuers with high growth potential.

Moscow Exchange is Russia's largest exchange and the only multifunctional platform for trading stocks, bonds, derivatives, currencies, money market instruments, and commodities. The Moscow Exchange Group includes a central depository and a clearing center that acts as a central counterparty in the markets, enabling Moscow Exchange to provide its clients with a full range of trading and post-trading services.

yu1sch Relative to the closing price on January 16, 2026. Media contact: 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.