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financial obligations, inflation expectations and financial literacy. Representativeness in some key attributes is the key requirement enabling to scale up the results and conclusions for

of information security, key trends in cyber attacks in 2025 will most likely be as follows. More attacks via supply chains A key trend in

of Key R Indicators of Management Companies, Review of Key Indicators of Non-governmental Pension Funds, Review of Key Indicators of Insurers, Review of Key Indicators

the policy for the development of the financial market as well as key tasks to be solved by the Bank of Russia together with the

the conditions for overnight money market rates to form close to the key rate, the Bank of Russia will hold a fine-tuning repo auction on

target within this period, the Bank of Russia will consider raising the key rate. More details are available in the new issue of the Bank

INFLATION RISKS ............................................................................................................................................................................................................................................................................................................................................................................................................................................... 8 CONCLUSIONS FOR MONETARY POLICY AND THE KEY RATE DECISION ....................................................................................................................................................................................................................................................................................................................................... 9 Summary of the Key Rate Discussion 2 ECONOMIC SITUATION AND INFLATION MAIN

the key rate at 21.00% p.a. On 21 March 2025, the Bank of Russia Board of Directors decided to keep the key rate

is based on interest rates and yields in the key market segments, influencing each other (the key rate has a direct effect on short-term money

The methodology applied by a foreign credit rating agency shall: • describe all key quantitative and qualitative factors determining the ability of a rated entity to