Expansion of bond trading accessibility
In addition to the announcement about the planned changes in the Securities and FX markets system on March 23, 2026, we would like to inform you about expansion of bond trading accessibility. Starting from March 23, bond trading will be available in the TQCB, PSOB, and PTOB trading boards during the Additional morning trading session. For the TQCB board in the morning session, additional price range limits will apply: ±5% from the Closing price of the previous trading day. Orders exceeding these limits will be rejected by the system.
The list of instruments available in the morning session as of March 23, 2026, will be extended to include bonds traded in the Main Trading Mode T+ with settlements in Russian rubles (TQCB). For instruments admitted to the morning session, the Opening auction will not be repeated in the Main trading session — as is already implemented for Federal loan bonds.
Starting from April 13, 2026, all remaining bonds (traded in the "D bonds – Main Trading Mode", "Neg. deals: D bonds", "Neg. deals: D bonds with CCP", and in the "Main Trading Mode T+", Negotiated deals, Negotiated deals with CCP with settlements in Chinese yuan) will be added to both the Additional morning and Additional evening trading sessions. For anonymous modes, additional price range limits will apply:
- ±5% from the Closing price of the previous trading day — for the morning session;
- ±10% from the Closing price of the current trading day — for the evening session.
The full list of planned changes has been updated and is accesible via the link: https://fs.moex.com/f/23581/version-2026-1.pdf.