03.06.2025 11:56
Changes to the Closing Auction Schedule on the Bond Market
We inform you about changes in the closing auction schedule on the bond market starting from June 23, 2025. These changes are aimed at synchronizing the end of closing auction with the end of main trading session.
These changes affect the T+ main board and the following boards:
| TQCB | T+: bonds |
| TQOY | T+: Bonds CNY |
| TQOE | T+ Bonds EUR |
| TQOD | T+: Bonds USD |
| TQOB | T+: State bonds |
| TQRD | Т+ D bonds |
| TQED | Т+ D bonds EUR |
| TQUD | Т+ D bonds USD |
| TQYD | T+ D Bonds CNY |
Key changes:
- New closing auction schedule (shifted by 10 minutes):
- End of trading period: 18:49:59.
- Start of closing auction: 18:50:01.
- End of closing auction: 18:59:58.
- Phases of the closing auction and their times:
| Phase | Time/Period of start | Time/Period of end |
|---|---|---|
| Order collection for auction | 18:50:01 | 18:55:00 – 18:55:29 |
| Additional order collection for auction | 18:55:00 – 18:55:29 | 18:58:00 – 18:58:59 |
| Closing auction price determination and trade execution | 18:55:00 – 18:55:29 or 18:58:00 – 18:58:59 |
|
| Closing auction trade execution phase | 18:55:00 – 18:59:00 | 18:59:58 |
| Official closing price publication | 18:59:59 |