The budget funds will be put up for auction. The Ministry of Finance suggested that banks choose to put available treasury funds into accounts through trading on the stock exchange, as is already done with deposits. Now the conditions are actually determined by the state financial management body itself (limit, rate, contract period, payment procedure), which has earned about 1.3 trillion in 2025, and financial organizations do not see each other's rates. The main detail is the ratio. Accounts bring in 14 times less than deposits, and it is this segment that has so far remained uncompetitive. According to approximate calculations, at an average rate of about 17%, an annual income of 1.3 trillion corresponds to an average balance of about 7.5 trillion rubles, and each additional 0.1 percentage point gives about 7.5 billion rubles a year. Anonymous bids with open bids should encourage banks to bid higher. But the risks remain on two levels. The first concerns reliability. The Treasury remains one of the main managers of the budget revenues after the Federal Tax Service and the Federal Customs Service, and entering the trade must maintain a strict selection of banks, otherwise the pursuit of interest will create a risk for the funds themselves. The second is related to the market. Banks that win auctions at high rates will roll the financing cost into the price of the loans. Given the central bank's pause in interest rate cuts, this may partially offset the government's benefits. There is also the issue of concentration; Those who need liquidity win the trade, and not always the most stable players. Therefore, the key will be the list of recommendations of the central bank, on the basis of which the treasury will set parameters. The budget will receive hundreds of billions more depending on this. Russian money is now at MAX.

The budget funds will be put up for auction. The Ministry of Finance suggested that banks choose to put available treasury funds into accounts through trading on the stock exchange, as is already done with deposits. Now the conditions are actually determined by the state financial management body itself (limit, rate, contract period, payment procedure), which has earned about 1.3 trillion in 2025, and financial organizations do not see each other's rates. The main detail is the ratio. Accounts bring in 14 times less than deposits, and it is this segment that has so far remained uncompetitive. According to approximate calculations, at an average rate of about 17%, an annual income of 1.3 trillion corresponds to an average balance of about 7.5 trillion rubles, and each additional 0.1 percentage point gives about 7.5 billion rubles a year. Anonymous bids with open bids should encourage banks to bid higher. But the risks remain on two levels. The first concerns reliability. The Treasury remains one of the main managers of the budget revenues after the Federal Tax Service and the Federal Customs Service, and entering the trade must maintain a strict selection of banks, otherwise the pursuit of interest will create a risk for the funds themselves. The second is related to the market. Banks that win auctions at high rates will roll the financing cost into the price of the loans. Given the central bank's pause in interest rate cuts, this may partially offset the government's benefits. There is also the issue of concentration; Those who need liquidity win the trade, and not always the most stable players. Therefore, the key will be the list of recommendations of the central bank, on the basis of which the treasury will set parameters. The budget will receive hundreds of billions more depending on this. Russian money is now at MAX.