Category: Russian Economy

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Financial news: March 18, 2026. The Moscow Small Business Lending Assistance Fund will hold a deposit auction.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

Parameters:

The deposit auction date is March 18, 2026. Placement currency is RUB. The maximum amount of funds placed (in the placement currency) is 77,000,000. Placement term, days – 8. Date of depositing funds is March 18, 2026. Date of return of funds is March 26, 2026. Minimum placement interest rate, % per annum is 14.6. Terms of the conclusion, urgent or special (Urgent). The minimum amount of funds placed for one application (in the placement currency) is 77,000,000. The maximum number of applications from one Participant, pcs. 1. Auction form, open or closed (Open).

The basis of the Agreement is the General Agreement. Schedule (Moscow time). Preliminary bids from 11:30 to 11:40. Competitive bids from 11:40 to 11:45. The cutoff percentage will be set or the auction will be declared void by 12:00.

Additional terms and conditions – Placement of funds with the option of early withdrawal of the entire deposit amount and payment of accrued interest on the deposit amount at the rate established by the deposit transaction, in the event of the Bank's non-compliance with the requirements set forth in paragraph 2.1. of the Regulation "On the procedure for selecting banks for placing funds of the Moscow Small Business Lending Assistance Fund in deposits (deposits) under the GDS" (as amended on the date of the deposit transaction), early withdrawal at the "on demand" rate, interest payment at the end of the term, without replenishment.

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.

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Financial news: Discrete auction of MFGSP securities is being held.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

MFGSP

Megion-up

As of 10:06:00, the current price was 438.5 rubles. (Deviation – 21.30%).

There was an increase of 20.00% or more within 5 minutes in a row in the current share price from the closing price of the previous trading day (361.5 rubles).

In the Main Trading Mode T, a discrete auction (DA) will be held from 10:10:00.

In other non-addressed trading modes during the DA period, trading is conducted in accordance with the established regulations.

The end of the DA and resumption of trading at 10:40:00.

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.

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Financial news: March 18, 2026. JSC "KAVKAZ.RF" will hold a deposit auction.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

Parameters:

The deposit auction date is March 18, 2026. The placement currency is RUB. The maximum amount of funds placed (in the placement currency) is 200,000,000. Placement period, days – 99. The date of depositing funds is March 18, 2026. The date of return of funds is June 25, 2026. The minimum placement interest rate, % per annum is 14.65. Terms of the conclusion, urgent or special (urgent). The minimum amount of funds placed for one application (in the placement currency) is 200,000,000. The maximum number of applications from one Participant, pcs. 1. Auction form, open or closed (Open).

The basis of the Agreement is the General Agreement. Schedule (Moscow time). Preliminary bids from 11:00 to 11:10. Competitive bids from 11:10 to 11:15. The cutoff percentage or the auction's invalidity may be determined by 11:30. Additional terms

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.

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Financial news: On holding auctions on March 18, 2026 to place OFZ issues No. 26238RMFS and No. 26250RMFS.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

For bidders

We inform you that, based on a letter from the Bank of Russia and in accordance with Part I. General Part and Part II. Stock Market Section of the Rules for Trading on the Stock Market, Deposit Market, and Loan Market of Moscow Exchange PJSC, the order establishes the form, time, duration, 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 the security federal loan bonds with constant coupon income
State registration number of the issue 26238RMFS from June 11, 2021
Date of the auction March 18, 2026
Information about the placement (Trading mode, placement form) The placement of Bonds will be carried out in the “Placement: Auction” trading mode by holding an Auction to determine the placement price.BoardId: PACT (Settlement: Ruble)
Trade code SU26238RMFS4
ISIN code RU000A1038V6
Settlement 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.

2.

Name of the Issuer Ministry of Finance of the Russian Federation
Name of the security federal loan bonds with constant coupon income
State registration number of the issue 26250RMFS from June 20, 2025
Date of the auction March 18, 2026
Information about the placement (Trading mode, placement form) The placement of Bonds will be carried out in the “Placement: Auction” trading mode by holding an Auction to determine the placement price.BoardId: PACT (Settlement: Ruble)
Trade code SU26250RMFS9
ISIN code RU000A10BVH7
Settlement 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.

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.

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Financial news: OSAGO payments will increase as a result of changes to the rules for determining repair costs.

Translation. Region: Russian Federation –

Source: Central Bank of Russia

An important disclaimer is at the bottom of this article.

Bank of Russia suggests changing Rules for determining repair costs under compulsory motor vehicle liability insurance (OSAGO) taking into account market conditions. When calculating the average cost of a spare part, the prices of similar parts will not be taken into account if they are 70% cheaper than the original (currently, this threshold is 80%). The average cost of consumables will be calculated based on market prices, without any discounts.

As a result of these changes, the average payment under compulsory motor third-party liability insurance is expected to increase by 9%.

It is also planned to fully account for the cost of single-use parts (seals, stickers, and the like) when calculating repair costs. Currently, these are included in the repair cost at a rate not exceeding 2% of the price of the replaced parts, which in some cases does not fully cover the cost of such parts.

The changes are planned to be introduced into the unified methodology for determining repair costs, which insurers use when calculating payments under compulsory motor vehicle liability insurance (OSAGO).

Comments and suggestions regarding the draft directive will be accepted until March 30 inclusive.

Preview photo: PeopleImages / 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.

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Financial news: 03/17/2026, 14-07 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A0JXMP0 (PochtaRosB4) were changed.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

March 17, 2026

14:07

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 March 17, 2026, 14:07 (Moscow time), the values of the upper limit of the price corridor (up to 145.83) and the range of market risk assessment (up to 1833.44 rubles, equivalent to a rate of 62.5%) of the security RU000A0JXMP0 (PochtaRosB4) 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.

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Financial news: March 18, 2026. JSC "SME Corporation" will hold a deposit auction.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

Parameters:

The deposit auction date is March 18, 2026. Placement currency is RUB. The maximum amount of funds placed (in the placement currency) is 2,260,000,000. Placement period, days – 41. Date of depositing funds is March 18, 2026. Date of return of funds is April 28, 2026. Minimum placement interest rate, % per annum is 14.5. Terms of the conclusion, urgent or special (Urgent). The minimum amount of funds placed for one application (in the placement currency) is 2,260,000,000. The maximum number of applications from one Participant, pcs. 1. Auction form, open or closed (Open).

The basis of the Agreement is the General Agreement. Schedule (Moscow time). Preliminary bids from 10:30 to 10:40. Competitive bids from 10:40 to 10:50. The cutoff percentage or the auction's invalidity may be determined by 11:30. Additional terms

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.

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Bonds instead of deposits – in 2025, Russians replenished their brokerage accounts at a record level.

Translation. Region: Russian Federation –

Source: Mainfin Bank –

An important disclaimer is at the bottom of this article.

Image: mainfin.ru

What is the reason for the growing popularity of brokerage accounts?

Brokerage accounts are becoming increasingly attractive to Russian investors who want their savings to work and generate a stable income. The main reasons for this growing popularity include:

reduction of interest rates deposits against the backdrop of the easing of the Central Bank of the Russian Federation's policy, the average maximum yield will be reached in May 2025 deposits The annual interest rate exceeded 19.5%, falling below 14.5% in February 2026. The possibility of receiving tax deductions when opening and adding funds to an individual investment account (IIS), which increases the profitability of such investments. Increased interest in long-term savings – interest rates on long-term deposits are extremely unfavorable, forcing conservative investors to seek alternatives. The ease of opening brokerage accounts – many banks offer this service, including online, and the effort is comparable to opening a traditional deposit.

While investment accounts were previously aimed at experienced market participants, the product is now suitable for beginners as well. The Central Bank of the Russian Federation is implementing a public literacy project called "Financial Navigator," and the Moscow Exchange and a number of banks also offer similar investment courses.

How has the Russian investment market changed in 2025?

Last year, money steadily flowed from deposits to brokerage accounts. Analysts estimate that by the end of 2025:

The net inflow of funds from individuals into brokerage accounts exceeded ₽2.5 trillion; the total volume of funds held by Russians in such accounts increased by 16% over the year, reaching ₽12.3 trillion; more than 70% of the capital was contributed by qualified investors, i.e., market participants with large assets or a relevant education; investment portfolios worth between 1 and 100 million rubles increased by 20%; in the small portfolio segment (from 10,000 to 1 million rubles), the annual growth was 12%; the average account balance remained unchanged at 2.2 million rubles.

"OFZs account for about 40% of portfolios. At the beginning of the year, investors were also interested in stocks, but given the complex geopolitical situation, such investments would have been considered excessively risky," the expert stated.

Investment accounts will remain popular in 2026, especially if the key rate continues to decline. Bonds remain the focus, but the trend could shift: funds will begin to flow into stocks if there are prospects for improved international conditions, sanctions easing, and the end of the IMF.

15:25 03/17/2026

Source:

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.

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Financial news: 03/17/2026, 11:57 (Moscow time) the values of the upper limit of the price corridor and the range for assessing market risks for the USD, USDF, USDW, UD1, UD3, UD2, UD4/RUB currency pair were changed.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

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 March 17, 2026, 11:57 AM (Moscow time), the values of the upper limit of the price corridor (up to RUB 89.7775 in the TOD settlement mode) and the market risk assessment range (up to RUB 95.2183, equivalent to an 18.3% rate) for the USD, USDF, USDW, UD1, UD3, UD2, UD4/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.

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Financial News: On Calculating Change Values for Indexes and iNAV.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

From March 23, 2026, Moscow Exchange will unify the calculation of the “Change to Close” indicator and the filling of the “Previous Close” field for all indices and iNAV.

The "Change to Close" indicator for iNAV will be calculated as a percentage change relative to the indicator's value at the close of the previous primary session, and the "Previous Close" field will contain the close of the previous primary session, excluding any additional sessions. A similar approach is already in place for stock market indices. This change will ensure data consistency and transparency for all market participants.

In the Moscow Exchange Information and Statistical Server (ISS), the specified indicators are available in the following fields:

Name Description
LASTVALUE The last index value of the previous main session
LASTCHANGE Change the current value to the value of the previous main session, points
LASTCHANGEPRC Change in the current value to the value of the previous main session, %
LASTCHANGEBP Change in current value to the value of the previous main session, basis points

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.