Published on: 2026-10-08
Source: Moscow Exchange –
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The total net inflow to money market funds on the Moscow Exchange since the beginning of 2026 has reached 128.7 billion rubles. By the end of the third quarter of the current year, the volume of net inflow amounted to 70.7 billion rubles, which is 17 times higher than the result for the same period last year.
The volume of net investments in money market funds on the Moscow Exchange in the third quarter is three times larger than the volume recorded in the second quarter of 2026 and twice the result of the first quarter.
As of the end of the third quarter of 2026, money market funds brought investors the highest quarterly income this year: 75.4 billion rubles, which is 3% higher than the result of the second quarter and 28% higher than the results of the first quarter. For the nine months of 2026, Russian investors earned more than 207.9 billion rubles on such funds. This amount is 19% higher than the result for the same period last year.
The number of investors in exchange-traded money market mutual funds (BPMFs) on the Moscow Exchange has increased by 27% since the beginning of the year, reaching 3.05 million. The majority of them are individuals. The volume of the open position in the money market on the Moscow Exchange among all available market funds amounted to 2.2 trillion rubles, having increased by more than a third (36%) since the beginning of the year. In total on the Moscow Exchange is traded 21 REITs from 14 management companies.
Dmitry Danilenko, Director of Money Market Development at the Moscow Exchange:
“High incomes were facilitated by the current market environment: the main benchmark of the money market — the RUSFAR index, which reflects the fair value of secured money, showed a significant deviation from its usual trajectory. For two months in the third quarter, RUSFAR on average exceeded the key rate of the Bank of Russia by 0.06-0.13%. In addition to the growing popularity of money market funds among retail investors, they have become a structurally significant institution in the liquidity market, reaching a share of more than 40% of the funds daily provided by participants in overnight repo transactions in the most liquid exchange order book, on which the RUSFAR money market index is calculated, thereby strengthening the stability of the financial system.”
Money market The Moscow Exchange is one of the most important segments of the Russian financial market, through which financial companies, large, medium, and small businesses, as well as individual investors, manage monetary liquidity. The range of money market instruments includes repos with the Central Counterparty (CCP), repos with the Central Securities Depository (CSD), repos with the Bank of Russia, interdealer repos, deposits with the CCP, loans, as well as deposit and credit auctions.
Please note; This information is raw content obtained directly from the source of information. It represents an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.