# Russia’s central bank says monetary conditions moved unevenly in August-September

> The Bank of Russia said in an October 9 release that monetary and credit indicators moved in different directions in August and September. Money-market rates stayed near the policy rate in September, while yields on government bonds with maturities of two years or more rose noticeably.

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- Publisher: Newsverum
- Section: Finance
- Country: Russia
- Published: 2026-10-10T18:05:07+00:00
- Updated: 2026-10-10T18:05:07+00:00
- Event / data period: 2026-09
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The Bank of Russia said in an October 9 release that monetary and credit indicators moved in different directions in August and September. Money-market rates stayed near the policy rate in September, while yields on government bonds with maturities of two years or more rose noticeably.

Rates on loans to companies rose slightly in August, while household loan rates fell; market-based lending rates were estimated to have edged down. The decline in deposit rates paused across August and September, with rates rising in some segments.

Annual growth in the broad M2X money supply eased slightly in August but remained near its highest levels of the previous 12 months. Preliminary data indicated that the slowdown continued in September. The bank referred readers to its September monetary conditions and transmission report for further detail.

## Data

### Bank of Russia reports mixed monetary indicators

This event record summarizes one Bank of Russia release covering market rates, lending and deposit rates, and M2X growth for August-September.

Methodology: The record combines the indicators in one release; it does not split the bulletin into separate rate, deposit or money-supply stories.

| date | label | description | status |
|---|---|---|---|
| 2026-10-09 | Bank of Russia reports mixed monetary indicators | On October 9, 2026, the Bank of Russia summarized rate, credit and broad-money indicators for August and September. | occurred |

Sources: <https://www.cbr.ru/press/event/?id=32903> · Download data: [JSON](https://newsverum.com/api/v1/articles/russia-cbr-monetary-conditions-august-september-2026/data/russia-cbr-aug-sep-monetary-conditions?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/russia-cbr-monetary-conditions-august-september-2026/data/russia-cbr-aug-sep-monetary-conditions?lang=en&format=csv)

## Sources

- [Bank of Russia](<https://www.cbr.ru/press/event/?id=32903>) (Source checked: 2026-10-10; Published: 2026-10-09)

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