The Fuse.RUSSIA'S FISCAL BREAKDOWN MONITOR

OFZ placed / quarterly plan

▲ FIRINGREACHED

Plain-language label: Can they still borrow? — position 2 of 7 in the causal chain: the funding channel: revenue stress forces borrowing before reserves are drawn.

CURRENT VALUE0.7%data 2026 Q3
REGISTERED THRESHOLD< 20%registered 2026-08-14 · unchanged
CLASS 2 — STATE-PUBLISHED, PHYSICALPublished by the Russian state, so it can be managed. A class-2 signal counts toward a trigger only in a pair with another firing class-2 link. Currently the only firing class-2 link — not enough to trigger.

History vs the trouble line

20222023202420252026143%-15%trouble line 20%line: reconstructed monthly history (backtest inputs) · dots: real fetches · gaps stay gaps

Observation history

DATE OF DATAVALUERAW FRAGMENT (VERBATIM)SOURCE / FETCHED
2026-Q30.00691«График аукционов по размещению облигаций федеральных займов на III квартал 2026: plan 900 + 600 = 1500 bn RUB; placed 10.4 bn RUB in 2026-Q3 over 2 auctions (0 failed)»minfin.gov.ru · 2026-08-16 00:38 UTC
2026-Q30.00691«График аукционов по размещению облигаций федеральных займов на III квартал 2026: plan 900 + 600 = 1500 bn RUB; placed 10.4 bn RUB in 2026-Q3 over 2 auctions (0 failed)»minfin.gov.ru · 2026-08-16 00:30 UTC
2026-Q30.00691«График аукционов по размещению облигаций федеральных займов на III квартал 2026: plan 900 + 600 = 1500 bn RUB; placed 10.4 bn RUB in 2026-Q3 over 2 auctions (0 failed)»minfin.gov.ru · 2026-08-14 18:10 UTC
2026-Q30.00691«График аукционов по размещению облигаций федеральных займов на III квартал 2026: plan 900 + 600 = 1500 bn RUB; placed 10.4 bn RUB in 2026-Q3 over 2 auctions (0 failed)»minfin.gov.ru · 2026-08-14 18:08 UTC
2026-Q30.00691«График аукционов по размещению облигаций федеральных займов на III квартал 2026: plan 900 + 600 = 1500 bn RUB; placed 10.4 bn RUB in 2026-Q3 over 2 auctions (0 failed)»minfin.gov.ru · 2026-08-14 16:37 UTC
2026-Q30.00691«График аукционов по размещению облигаций федеральных займов на III квартал 2026: plan 900 + 600 = 1500 bn RUB; placed 10.4 bn RUB in 2026-Q3 over 2 auctions (0 failed)»minfin.gov.ru · 2026-08-14 16:28 UTC
2026-Q30.00691«График аукционов по размещению облигаций федеральных займов на III квартал 2026: plan 900 + 600 = 1500 bn RUB; placed 10.4 bn RUB in 2026-Q3 over 2 auctions (0 failed)»minfin.gov.ru · 2026-08-14 16:28 UTC
2026-Q30.0059«8.8 bn RUB of a 1.5 trn plan; auctions suspended 2026-07-20»minfin.gov.ru · 2026-08-14 00:00 UTC
8 fetches recorded (0 parse failures)

Parse-failure history

When our parser can't extract a value, we log the failure instead of guessing. Failures never silently reuse the previous value.

No parse failures recorded.

Availability events

Can they still borrow? — OFZ placed / quarterly plan · The Fuse