Financial News: Monetary Conditions Eased in July-August but Remained Tight

Translation. Region: Russian Federal

Source: Central Bank of Russia –

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Nominal interest rates in most segments of the financial market continued to decrease. Inflation expectations of the population and business remained elevated.

Following the reduction of the key rate, rates on banks' credit and deposit operations decreased. The revival of corporate lending and moderate but increased credit activity of the population supported faster growth of monetary aggregates in July-August.

For more details, read the information and analytical commentary "Monetary conditions and the transmission mechanism of monetary policy".

Preview photo: SirichaiKeng / Shutterstock / Fotodom

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Financial news: Federal Treasury deposit auction to take place on 16.08.2025

Translation. Region: Russian Federal

Source: Moscow Exchange – Moscow Exchange –

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Application selection parameters
Date of the selection of applications 09/16/2025
Unique identifier of the application selection 22025276
Deposit currency rubles
Type of funds funds of the single treasury account
Maximum amount of funds placed in bank deposits, million monetary units 48,000
Placement period, in days 2
Date of deposit 09/16/2025
Refund date 09/18/2025
Interest rate for placement of funds (fixed or floating) Fixed
Minimum fixed interest rate for placement of funds, % per annum 16.23
Basic floating interest rate for placement of funds
Minimum spread, % per annum
Terms of conclusion of a bank deposit agreement (fixed-term, replenishable or special) Urgent
Minimum amount of funds placed for one application, million monetary units 1,000
Maximum number of applications from one credit institution, pcs. 5
Application selection form (open or closed) Open
Application selection schedule (Moscow time)
Venue for the selection of applications PAO Moscow Exchange
Applications accepted: from 09:30 to 09:40
*Preliminary applications: from 09:30 to 09:35
*Competition mode applications: from 09:35 to 09:40**
**Time interval for the end of accepting applications (seconds): 120
Formation of a consolidated register of applications: from 09:40 to 09:50
Setting a cut-off percentage rate and/or recognizing the selection of applications as unsuccessful: from 09:40 to 10:00
Submission to credit institutions of an offer to conclude a bank deposit agreement: from 10:00 to 10:50
Receiving acceptance of an offer to conclude a bank deposit agreement from credit institutions: from 10:00 to 10:50
Deposit transfer time In accordance with the requirements of paragraph 63 and paragraph 64 of the Order of the Federal Treasury dated 04/27/2023 No. 10n

* for the open form of selection of applications from credit institutions for the conclusion of bank deposit agreements.

** the end time for accepting applications from credit institutions to conclude bank deposit agreements is set within the time interval and is determined by the exchange’s information software and hardware arbitrarily, within the established time interval.

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

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Financial news: 09/15/2025, 15-16 (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 –

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09/15/2025

15:16

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 15, 2025, 15-16 (Moscow time), the values of the upper limit of the price corridor (up to 109.2) and the range of market risk assessment (up to 1205.96 rubles, equivalent to a rate of 25.0%) of the security RU000A107PU5 (RZhD 1P-30R) were changed.

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Financial news: Scheduled TCS releases on September 22, 2025.

Translation. Region: Russian Federal

Source: Moscow Exchange – Moscow Exchange –

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The releases of the TCS Stock, Currency and Derivatives markets are scheduled for September 22, 2025. Description of changes at the links:

On Saturday, September 20, 2025, the final testing of releases on the industrial circuit of the Stock, Currency and Derivatives markets will take place. The testing schedule will be published later.

To participate in testing, please send an application to the address no later than 17:00 MSK on September 18, 2025. Help@moex.Kom, which must indicate:

1. Contact person responsible for testing.

2. For the urgent market:

Broker Login and section from which tests will be performed IP address from which access will be carried out

For the urgent market logins that have applied for participation, the password for Plaza2 gateways and terminals will be changed to 12345 for the duration of the tests. Please make the appropriate changes to the client_router.ini file for the duration of the tests and return to the live password after the tests are completed.

3. For the stock and currency market:

User or company identifiers IP address from which access will be carried out if it differs from the current “combat” ones for the declared user identifiers.

If you do not plan to participate in testing, we ask you to disconnect gateways and terminals from trading systems during the testing period (September 20-21) to avoid loading test data. Please note that the single client registration service (SRC), OTC will not work and the DSVD on the Stock and Derivatives markets will not be held on September 20 and 21.

The schedule of the DSVD in 2025 is available at the link HTTPS: //VVV. MOEX.K.M.M.

Also, during the testing period, the services for registering reports on over-the-counter transactions through the LKU and through the Plaza II and FIX OTC gateways will be unavailable.

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

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Financial news: 09/15/2025 JSC “KAVKAZ.RF” will hold a deposit auction.

Translation. Region: Russian Federal

Source: Moscow Exchange – Moscow Exchange –

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Parameters;

Date of the deposit auction 09/15/2025. Placement currency RUB. Maximum amount of funds placed (in the placement currency) 100,000,000. Placement term, days 79. Date of depositing funds 09/16/2025. Date of return of funds 12/04/2025. Minimum placement interest rate, % per annum 16.1. Terms of the conclusion, urgent or special (Urgent). Minimum amount of funds placed for one application (in the placement currency) 100,000,000. 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 13:00 to 13:10. Competitive bids from 13:10 to 13:15. Setting the cutoff percentage or declaring the auction invalid before 13:25. Additional terms.

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Marat Khusnullin: Road workers have renovated 26 streets in Mariupol.

Translation. Region: Russian Federal

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

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An indicator of a modern and developing city is a high-quality road infrastructure, therefore, in the reunited regions, along with the construction and restoration of large road facilities, the street and road network of cities is being updated. For example, in Mariupol DPR, under the control of the State Company "Avtodor", 26 city streets with a total length of 36 km were brought into compliance with the normative condition. This was reported by Deputy Chairman of the Government Marat Khusnullin.

"Thanks to the repaired roads, it is possible to unite the city's districts into a single transport network, redirect traffic, and as a result, the lives of city residents become more comfortable, and trips along the updated routes are safer and more convenient. Today, for example, Mariupol is developing dynamically and does not stop changing before our eyes. This also applies to the street and road network. As part of the Avtodor program, major repairs have been completed there on 36 km of 26 streets, including sections to socially significant facilities: schools and hospitals," said the Deputy Prime Minister.

The Deputy Prime Minister added that the work was carried out without blocking traffic and in compliance with all safety measures.

"Major repairs were carried out on Varganova, Kazantseva, Novosibirskaya streets, where schools are located, and on Gagarina, where the city hospital is located. We also thought about pedestrians, and for their comfort, about 70 bus stops and traffic lights were installed, and about 50 km of outdoor lighting was installed," said Vyacheslav Petushenko, Chairman of the Board of the state-owned company Avtodor.

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The government has allocated funds to subsidize flights on the Petropavlovsk-Kamchatsky – Vladivostok route for residents of the Far Eastern Federal District

Translation. Region: Russian Federal

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

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Document

Order dated September 6, 2025 No. 2466-r

The government has increased the amount of funding for subsidized flights for residents of the Far Eastern Federal District. An order to this effect has been signed.

Additional funds are needed to organize passenger transportation on the Petropavlovsk-Kamchatsky – Vladivostok – Petropavlovsk-Kamchatsky route, which was recently launched as part of the subsidized air transportation program.

Comment

From Mikhail Mishustin's opening remarks at the operational meeting with deputy prime ministers, September 15, 2025

Thanks to such subsidies for citizens living in the regions of the Far East, the price of a ticket between Petropavlovsk-Kamchatsky and Vladivostok will be 9 thousand rubles.

Commenting on the decision takenmeeting with deputy prime ministers on September 15, Mikhail Mishustin noted that the residents of Kamchatka asked for such a route to be organized, since the only way to get from there to the mainland is by plane. Now the cost of an air ticket will be fixed.

“We need to continue to make all necessary decisions to support air transport and make it more accessible to people, especially in those regions where there is no alternative to airplanes,” the Prime Minister emphasized, addressing Deputy Prime Minister Vitaly Savelyev.

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Denis Manturov congratulated Rosstandart employees and veterans on the agency's 100th anniversary

Translation. Region: Russian Federal

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

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Denis Manturov congratulated the employees and veterans of Rosstandart on the 100th anniversary of the agency.

Dear colleagues!

I congratulate you on the 100th anniversary of Rosstandart, an agency that has played a vital role in the economic development of our country for a century.

Since the establishment of the Standardization Committee on September 15, 1925, this area has become one of the most important state priorities. Unified standards have given impetus to the development of serial production, improved the quality of consumer goods, and strengthened the trust of citizens.

Today, Rosstandart is more than 16.5 thousand specialists who simultaneously continue the best traditions and implement modern approaches in the field of standardization. Every year, the agency approves over 1.7 thousand new GOSTs, covering both traditional industries and promising areas – hydrogen transport, artificial intelligence, quantum technologies.

The anniversary is not only a reason to evaluate the path taken over a hundred years, but also an opportunity to look to the future with confidence. I am confident that Rosstandart will continue to be a reliable support for the country's technological sovereignty, support for industry, science, small and medium businesses.

I thank everyone who has dedicated themselves to the cause of standardization. I wish you good health, new professional achievements and confidence in the future!

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UN Security Council: Mass detentions, escalating violence undermine peace efforts in Yemen

Translation. Region: Russian Federal

Source: United Nations – United Nations –

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September 15, 2025 Peace and security

The situation in Yemen remains extremely tense amid escalating regional violence and arbitrary detentions of UN staff, the Secretary-General's Special Envoy for the country Hans Grundberg told the Security Council on Monday.

“The recent wave of arbitrary detentions of 22 United Nations staff in Sanaa and Hodeida represents a flagrant escalation by Ansar Allah against the UN,” he stressed, adding that more than 40 staff remain in detention and one of those detained has died.

Grundberg said such actions, including the violent seizure of UN premises and property, "threaten the very ability of the Organization to facilitate peace efforts and provide humanitarian assistance to the people of Yemen."

The rapporteur also added that in addition to UN staff, thousands of Yemenis are detained as a result of the conflict. He expressed solidarity with all those arbitrarily detained and reiterated his call for their immediate and unconditional release.

Regional conflict

Stressing the need for "an inclusive political process, nationwide economic reforms and a ceasefire," he called on the conflicting parties to return to negotiations.

At the same time, the Special Envoy noted that the situation in the country is inextricably linked to regional dynamics. "The unresolved conflict in Yemen is like a fault line that sends tremors beyond its borders and intensifies regional conflicts," he said. According to him, without stability in Yemen, there can be no stability in the region and vice versa – the situation in the region determines how events will develop in the country.

Against this backdrop, Grundberg added, the war in Gaza is accompanied by an “alarming and dangerous intensification of hostilities between Ansar Allah and Israel.” The Houthis continue to strike Israel, causing harm to civilians and civilian infrastructure. In response, Israeli airstrikes were recorded in August and September on Sanaa and other areas under the control of Ansar Allah. In particular, the strikes on August 28 claimed the lives of high-ranking members of the movement, some of whom were in contact with the Special Envoy’s office. “This cycle of escalation must end,” Grundberg noted.

Mass famine

In turn, Under-Secretary-General for Humanitarian Affairs and UN Emergency Relief Coordinator Tom Fletcher reminded members of the Security Council that Yemen is among the three countries with the worst food situation in the world.

“Another million people will be on the brink of extreme hunger by February next year, in addition to the 17 million Yemenis who already lack food,” he warned. More than 70 percent of households, he said, are unable to meet their daily food needs.

Fletcher said humanitarian efforts included distributing food and essential supplies, as well as supporting water and health facilities. However, he said funding shortages and deteriorating conditions were preventing aid from being delivered on the scale needed.

"The funding cuts are costing lives. In addition to the food security crisis, two million women and girls have lost access to reproductive health services. And in Yemen, one pregnant woman is already dying every two hours," the UN deputy chief said.

He concluded with a call to action for the Security Council. According to Fletcher, members of the Security Council should use their influence to ensure the immediate release of all arbitrarily detained staff. They should also return UN premises occupied by security forces and increase funding for humanitarian action. “We must not allow mass starvation to determine the future of Yemen,” Fletcher said.

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International Equal Pay Day: Women Still Earn Less Than Men

Translation. Region: Russian Federal

Source: United Nations – United Nations –

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September 15, 2025 Women

Women around the world still earn on average 20 percent less than men. Gender equality is not fully achieved due to persistent historical and structural barriers that limit opportunities for women and girls, UN Women said ahead of International Equal Pay Day on 18 September.

Inequality persists

According to the UN, women are more likely than men to be unemployed. Only 28 percent of employed women worldwide have access to paid maternity leave. At the same time, women still do an average of three hours more unpaid work per day in housework and childcare and elder care than men.

The UN also notes that the gender pay gap is greater among national and racial minorities. In the US, black women earn 63.7 cents of every dollar earned by white men, indigenous women earn 59 cents, and Latinas earn 57 cents.

Women, especially migrant women, are much more likely to work in the informal sector, where wages are lower and working conditions are much worse. Motherhood exacerbates inequality: working mothers earn less than women without children.

Internationally enshrined law

UN Women recalls that equal pay for work of equal value is a fundamental right enshrined in the in one of the international conventions, which has already been ratified by 91 countries, and is a guarantee of socio-economic development.

The organization calls for coordinated action to reduce the gender wage gap.

“We continue to advance this agenda in partnership with governments, employers, workers’ organizations, international institutions and research organizations,” the statement said.

Governments, UN Women stresses, must create legal and policy frameworks to ensure equal pay. Employers must implement transparent pay practices and create gender-sensitive workplaces, and workers’ organizations must promote social dialogue and collective bargaining.

“With evidence and technical support from international institutions and research organizations, as well as the active participation of the private sector, civil society and academia, we can close the gender pay gap and ensure women’s full economic empowerment,” the statement said.

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