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Financial news: Monetary conditions continued to ease in March–April, but remained tight.

Financial news: Monetary conditions continued to ease in March–April, but remained tight.

Published on: 2026-05-13

Source: Central Bank of Russia – Central Bank of Russia –

An important disclaimer is at the bottom of this article.

Money market rates and corporate bond yields fell in April. The dynamics of bond yields in the OFZ market were heterogeneous.

Rates on corporate loans and deposits of the population continued to decline in March. The expansion of mortgage lending and the recovery of activity in the non-mortgage segment supported the growth of consumer loans in March. Activity in the corporate segment of the credit market in March was weaker than in the previous month.

In April, lending in the corporate segment accelerated. As a result, the annual growth rate of the broad money supply increased.

Read more in the informational and analytical commentary“Monetary-credit conditions and transmission of MPC”.

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