The Central Bank of Russia’s Financial Market Risks Review found that retail investments in Russian corporate bonds rose by RUB 158 billion in September, with asset-backed securities accounting for almost half of the increase. Monthly offerings of asset-backed securities reached a record RUB 479 billion. Retail investors continued to allocate capital to money market exchange-traded unit investment funds, while stock purchases fell to their lowest level since January 2026. Oil and gas and information technology shares were the Russian market’s most profitable instruments in September, while corporate bonds, money market instruments and ruble deposits generated the highest total returns over 12 months.