The Central Bank of Russia has published its Review of Key Indicators of Brokers for 2026 Q1, showing that retail investors deposited RUB 910 billion into brokerage accounts, the highest quarterly inflow since the series began in 2021. The inflow lifted customer assets with brokers by 9% over the quarter to RUB 13.3 trillion. Interest in securities investment was supported by declining rates in the economy, with investors holding more than RUB 1 million in their accounts the most active buyers. Investors mainly bought debt securities, although their share of portfolios fell from 38% to 36%. Demand focused on long-term federal government bonds with maturities above 10 years and medium-term bonds issued by higher-rated borrowers. Brokerage customers also increased investments in money market exchange-traded funds and in bond and mixed-asset funds. In addition, investors turned back to Russian equities ahead of dividend payments, and equity purchases exceeded sales, unlike in the previous quarter.
Central Bank of Russia2026-05-28
Central Bank of Russia reports record RUB 910 billion retail inflow into brokerage accounts in 2026 first quarter
The Central Bank of Russia’s Review of Key Indicators of Brokers for 2026 Q1 reports record retail inflows of RUB 910 billion into brokerage accounts, lifting customer assets 9% to RUB 13.3 trillion, supported by declining rates and strong activity from investors with over RUB 1 million. Investors mainly bought debt securities, focusing on long-term federal government and medium-term higher-rated bonds, while also increasing allocations to money market ETFs and bond and mixed-asset funds. Demand for Russian equities recovered ahead of dividend payments, with equity purchases exceeding sales.