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OFZ 2Y yields dropped by 57 bp, whereas OFZ 10Y yields rose by
15 bp. As a result, the spread between OFZ 2Y and OFZ
persistently elevated inflation expectations.
MONETARY CONDITIONS
MAIN FACTS
Money market rates and OFZ yields went down over the period following the
March meeting. According to
23
18.05.2026
persistently elevated inflation expectations.
Monetary conditions
Main facts
Money market rates and OFZ yields went down over the period following the March meeting. According to
12
OFZ — — — — — — — — 105
Ruble denominated bonds 16,537 15,720 16,243 14,720 8,995 11,446 12,669 12,659 12,780
OFZ
25
06.02.2026
OFZ and corporate bonds purchased by individuals hit record highs in 2025
6 February 2026
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In 2025, retail investors were
26
08.10.2025
Household investments in shares and OFZ go up in September
8 October 2025
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In September, the stock market entered a
27
16.02.2023
OFZ yields grow in January despite reduction in placement volumes
16 February 2023
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Movements in yields were influenced by market
28
19.01.2023
OFZ market appears resilient amid growth of government bond offerings in November–December 2022
19 January 2023
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Floating-rate notes (OFZ-PK
29
09.12.2021
OFZ yield growth slows down
9 December 2021
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Yields on federal government bonds (OFZs) with maturities of up to six
30
15.09.2021
OFZ yields consistent with steady long-term key rate expectations of market players and analysts
15 September 2021
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In August, money