Все, что вы хотели знать про облигации, но стеснялись спросить
Реклама: @IF_adv
https://edu.investfuture.club/kontacts
Канал Киры Юхтенко: @kira_pronira
Комьюнити и разбан: @community_if
Регистрация в РКН: https://clck.ru/3TFdtz
Created
25 June 2021 — measured — cross-checked against a third-party dataset (ext.tg_channel)
Other / unclassifiable — a classification, not a measurement. An on-box language model (Qwen3.6-35B-A3B-UD-Q6_K_XL, prompt version 1) read this channel’s own recent posts on 20 August 2026 and assigned it the closest of 31 fixed categories, at 83% confidence. This is a model’s judgement about what the channel is likely to be about, not a fact this register measured the way a subscriber count or a view count is measured — it can be revised on a later pass, and it carries no weight anywhere else on this page. How this classification works, and why it has no browse page of its own yet.
Growth
33 measurements spanning 44 days, net -408. Dots are measurements; the straight line between them is drawn to join them, not to claim we know the path taken in between — snapshots are recorded only when a count changes, so gaps mean “no change observed”, never “interpolated”. The vertical axis spans 94,895–95,425 and does not start at zero.
Measurement log — every subscribers count we have recorded, most recent 20 of 33
Measured (UTC)
Subscribers
Change
18 Sept 2026, 17:20
94,956
-34
16 Sept 2026, 11:16
94,990
+27
14 Sept 2026, 18:18
94,963
-9
13 Sept 2026, 01:57
94,972
-32
10 Sept 2026, 23:58
95,004
-81
8 Sept 2026, 02:57
95,085
-63
3 Sept 2026, 08:58
95,148
-4
2 Sept 2026, 05:43
95,152
+1
1 Sept 2026, 03:58
95,151
-18
31 Aug 2026, 05:24
95,169
-14
30 Aug 2026, 03:08
95,183
+13
29 Aug 2026, 01:19
95,170
+13
28 Aug 2026, 02:58
95,157
-2
27 Aug 2026, 02:35
95,159
-13
26 Aug 2026, 03:16
95,172
-5
25 Aug 2026, 01:19
95,177
-27
23 Aug 2026, 12:37
95,204
+2
22 Aug 2026, 00:13
95,202
+28
20 Aug 2026, 18:45
95,174
-3
19 Aug 2026, 21:53
95,177
first reading
Engagement
123 posts held, back to 23 July 2026 — the reader has not yet reached the start of this channel’s public history, so older posts may sit further back, unread. Read across 94 pages of Telegram’s post history, 20 posts per page.
ERR · 30 days
27.8%
avg views ÷ 94,956 subscribers
Avg views / post
26,400
68 posts measured
Reaction rate
0.294%
reactions ÷ views · ER floor
Posts in window
68
of 123 held
ERR is average views per post over the last 30 days divided by subscribers, the definition TGStat uses, so this figure is comparable with the one you will see elsewhere. It falls structurally as a channel grows: a high ERR on a small channel and a low one on a large channel describe reach mathematics, not quality. We publish the figure and the sample it came from and pass no verdict on it.
ER is defined industry-wide as (forwards + reactions + comments) ÷ views — note the denominator is views, not subscribers. Telegram’s public web preview carries views and reactions but not forward or comment counts, so the reaction rate above is the reactions term only and is therefore a floor: the true ER for this channel is higher by an amount we have not measured and will not estimate.
What these figures were computed from
Window
Rolling 30 days · latest post in window 18 September 2026
Posts held
123 (23 July 2026 – 18 September 2026)
Views total
1,798,000
Reactions total
5,280
Forwards / comments
not exposed by the public surface — not measured, not estimated
Readings taken
19 Sept 2026, 22:41 UTC
Views are a single reading per post, taken at the time above. A post published in the last day or two is still accumulating views, which pulls the 30-day average down slightly. That is a property of the standard definition rather than a fault in it, so we keep the definition rather than “correcting” the number into something nobody can reproduce.
Precision. Telegram publishes view counts on its public widget in short form — 8.12K, 3.7M — so any reading at or above 1,000 reaches us rounded to three significant figures, and only counts below 1,000 are exact. Averages and rates derived from them are shown to the same precision rather than to the unit: a figure like 3,701,250 would assert digits nobody measured.
Reaction counts are published per emoji and rounded the same way, so a total below 1,000 is exact and a larger one is a sum that may carry a rounded component from each emoji above 1,000. Because it is a sum, it does not look rounded — read a large reaction total as three significant figures per contributing emoji rather than as the figure it prints.
What this channel posts
Photos
≈1,780
Videos
≈52
Links
≈1,840
Lifetime counters from Telegram’s own channel header, read 19 September 2026 — not the date at the top of this page, which is when the subscriber count was last read. A count marked ≈ was rounded by Telegram before we ever saw it — t.me prints these counters in full below 1,000 and to three significant figures above, so ≈142,000 means somewhere between 141,500 and 142,499.
Video runtime
21s
Average length
11s
Measured directly from 2 videos with a duration reading, out of the posts we hold for this channel — not this channel’s whole posting history, only the sample this register has actually read. An exact reading to the second, taken from the post itself rather than from Telegram’s own rounded chrome, so it carries no ≈ mark.
Reaction mix
9,267 reactions across 120 posts, in 21 distinct kinds. The most used accounts for 34.3% of them.
Every reaction kind recorded on the sample, most used first
Reaction
Count
Share
Share, drawn
👍
3,180
34.3%
❤
2,504
27.0%
🤔
640
6.91%
😁
442
4.77%
🔥
385
4.15%
😱
291
3.14%
🎉
242
2.61%
🥴
214
2.31%
🌭
207
2.23%
😢
204
2.20%
👌
190
2.05%
🌚
162
1.75%
🤬
147
1.59%
🤣
136
1.47%
🤯
123
1.33%
🕊
87
0.939%
💯
47
0.507%
🐳
37
0.399%
❤🔥
26
0.281%
🥰
2
0.022%
1 further kind
1
0.011%
No sentiment is inferred, and none should be read in. This table is ordered by count and by nothing else. Emoji do not carry stable meaning across languages or communities — 🙏 is thanks in one channel and mourning in another — so we publish which ones were pressed and how often, and pass no judgement on what an audience meant by them.
Precision. Telegram publishes reaction counts per emoji and short-forms each one — 4.34K, 1.2M — so any single kind at or above 1,000 reaches us at three significant figures, and only counts below 1,000 are exact. The shares above are ratios of those figures and carry the same error. This is also why the total here can differ slightly from a reaction total printed elsewhere on the page: both are sums of the same rounded parts, taken over samples with different edges.
Coverage. Reactions were read on 123 of the 123 sampled posts in this sample. Summed by Telegram’s own count on each post — not by adding up the per-emoji breakdown above — those same posts carry 9,459 reactions in total: the kind of figure the paragraph above means by “a reaction total printed elsewhere on the page”.
Measured over the 123 most recent posts we hold, published 23 July 2026 to 18 September 2026, using the newest reading held for each. Telegram Stars are excluded: they are a payment, not a reaction, and they have their own section.
Telegram Stars
Stars received
7
across the posts below
Posts paid on
5
of 123 we hold a reading for · 4%
Most on one post
3
single highest reading
A paid reaction is a reader spending Telegram Stars — bought with money — on a post by @if_bonds. Telegram publishes the count on the public post preview alongside ordinary reactions, and this register reads it there. It is the only figure on this site that measures money moving rather than attention.
Stars are not reactions, and the two are never added. They are rendered in the same strip on Telegram and counted in the same shape, but one is a tap and the other is a purchase. The reaction totals and the engagement rate elsewhere on this page exclude every figure in this section, and no rate here is computed against a reaction count.
This is not revenue, and we publish no currency figure. What a Star costs a reader and what it pays a channel are different numbers, Telegram takes a share we cannot observe, and the terms have changed. Converting a Star count into money would be an estimate dressed as a measurement, so the count is where we stop.
Counted over the 123 most recent posts we hold for this entry, published 23 July 2026 to 18 September 2026. Star counts above 1,000 reach us in Telegram’s short form and carry the same three-significant-figure rounding as everything else on this page.
⬇️ Облигации Полипласта сыпятся. Что происходит?
На форумах в последние дни небольшая паника, всё чаще спрашивают: почему бумаги Полипласта падают, ведь причин особых нет. Например, рублёвый П02-БО-16 ещё недавно торговался около номинала, а сейчас стоит примерно 95%, с доходностью к погашению почти 22%. Валютные выпуски просели еще сильнее: П02-БО-09 упал примерно до 89% от номинала и дает доходность к погашению по…
📈 Сортировка по доходности — ошибка при выборе облигаций
Открыли скринер, поставили сортировку по убыванию, смотрим что наверху.
Логично же — больше процент, больше заработок.
А на деле такой список показывает не лучшие бумаги, а самые рискованные.
Давайте разбираться, как читать доходность правильно.
С чем на самом деле нужно сравнивать
У каждой облигации есть свой «эталон» — доходность бумаг такого же кредитног…
🚩 Ошибка брокера стоит вам денег
Смотрите на эти спреды. Видите выброс вверху? G-спред 11% при дюрации меньше года. Соседние выпуски того же эмитента дают 7,3–10,3%.
Это не аномалия рынка. Это ошибка в данных.
❓ Что происходит
Некоторые брокерские приложения и аналитические платформы неверно определяют тип купона: указывают переменный там, где по проспекту стоит фиксированный.
Одна и та же облигация у разных ист…
🔗 Что с «Самолетом»-то опять? Держать, продавать или покупать облигации?
Да, опять говорим про «Самолет». А как тут не поговорить, когда доходности к погашению в отдельных выпусках улетают за 70% годовых?
Проблемы у компании тянутся давно, а за последний месяц новостной фон стал совсем плотным: слабый отчет, иски о банкротстве к отдельным структурам группы... Сегодня появилась неоднозначная новость — Сбер может пол…
🛠 Рестракт — это уже дефолт? Разбираем на реальных кейсах
Слово «рестракт» в последнее время всё чаще мелькает рядом с проблемными облигациями. Из недавних, ММЗ предложил реструктуризацию своих выпусков, про возможный рестракт говорят и в других дефолтных историях.
Рестракт — это рыночный сленг от «реструктуризация».
Смысл простой: эмитент понимает, что выполнить старые условия займа ему тяжело, и предлагает инвес…
❓ Как проверить свой портфель на скрытые риски
Когда на рынке штормит, взгляд со стороны никогда не бывает лишним. СМИ пишут о запуске нового сервиса «Второе мнение» от СберИнвестиций.
➖ Суть простая — независимый аудит активов, которые лежат у других брокеров. Советники проводят стресс-тест, подсвечивают рискованные позиции и показывают, как перестроить структуру ради нормальной доходности.
Если захочется сменить…
🏛 Минфин в моменте после аукциона ОФЗ-ПД 26252
Доходность в 17% по длинным ОФЗ не хотите ли?
Индекс RGBI тем временем направился в путь к обновлению минимумов года.
@IF_Bonds
💵 30% в долларах. Инвест КЦ: в чем подвох?
В начале августа мы добавили ИнвКЦ 1Р1 в нашу подборку валютных облигаций. Тогда бумага давала примерно 15% к погашению и имела рейтинг A. Прошло чуть больше месяц и доходность к погашению подскочила вдвое, а вот рейтинг, наоборот, упал до BBB+.
👀 Что же случилось?
Негатив накапливался постепенно.
24 августа НКР снизило рейтинг компании сразу с A до BBB+. Причина — ухудш…
💙 VK снова на первичке: на этот раз КС + 2%
Всегда интересно посмотреть, как там дела у VK и что компания принесла нам на первичку в этот раз.
В апреле группа уже заняла 10 млрд ₽ через «Мэйл.Ру Финанс», а теперь возвращается ещё за 5 млрд ₽. На этот раз — трёхлетний флоатер с ориентиром до КС + 200 б.п.
При нынешней ключевой 14% это около 16% купона. Для такого рейтинга выглядит интересно. Смотрим, что внутри.
🧮…
❓ Почему падают облигации АПРИ
Облигации АПРИ падают сегодня на 5-8%. Каких-либо негативных новостей по компании нет, поэтому возможных причин две:
➖ Работают спекулянты. Только в этом году АПРИ заняла 7,7 млрд руб. на облигационном рынке. Вероятно, сегодня из бумаг, предположительно из 14 выпуска, вышел крупный держатель, который обвалил их цену, что и спровоцировало панику и каскадное падение остальных выпусков.
…
🏛 Как инвестировать в фитнес индустрию?
Через паи ЗПИФ «Первый спортивный» (тикер ЗПИФПервСп, ISIN RU000A105GY0). Он торгуется на Московской бирже. С августа фонд начал регулярные выплаты пайщикам — источник один: арендные платежи за физкультурный комплекс в подмосковном Реутове, который по площади превышает более 9 тыс кв.м.
Арендатор — федеральная сеть «Территория Фитнеса», клуб работает там с мая 2025 года. Дог…
🔭 Все ждут новый бюджет. Почему для облигаций он сейчас почти важнее ставки
После решения ЦБ внимание рынка быстро переключилось на Минфин.
Именно параметры бюджета во многом определят, как быстро ЦБ сможет дальше снижать ставку и сколько доходности инвесторы будут требовать от ОФЗ.
❓ Что происходит с бюджетом сейчас?
За январь–август федеральный бюджет уже накопил дефицит 5,8 трлн ₽, или 2,5% ВВП.
Для сравнения…
❤42👍27🔥5😢4❤🔥1
Showing the 12 most recent of 123 posts we hold for @if_bonds. View and reaction counts are the latest single reading for each post, not a live figure, and a recent post is still accumulating both. A view count marked ≈ was rounded by Telegram before we ever saw it — t.me prints views in full below 1,000 and to three significant figures above, so ≈1,200,000 means somewhere between 1,150,000 and 1,249,999. Unmarked counts are exact. Text is reproduced from the public post preview and truncated for length.
Posts edited after publishing
@if_bonds edited 3 posts after it first published — the same permalink now carries different wording than the one this register originally read, caught because our own crawl held a copy of the earlier text.
An edit is not deception. Typo fixes, price updates and corrections look exactly like this too — this register can tell you the wording changed and when, not why. How this is measured.
First edit seen
12 August 2026
Most recent edit
18 September 2026
Forward network
Republished by
Channels on the register that have forwarded this channel's posts into their own feed.
Built only from forwarded posts we have actually read, on both sides. Coverage is early and deliberately incomplete: a missing link means we have not read the post that would prove it, never that the relationship does not exist. Counts are distinct forwarded posts observed, so they only ever go up as we read more.
Mentions
Named by 11 registered channels — every channel on the register whose own posts have named this one, by its current username or any other username it currently holds, merged from two separately captured readings of the same fact so a namer caught by only one of them is not missed and a namer both caught is not counted twice. A username this channel has since dropped is not matched — that handle may belong to someone else now, and crediting today’s namer to yesterday’s owner would misattribute it.
Named by
Channels on the register whose posts name this channel's handle.
A mention is a weaker signal than a forward and is counted separately for that reason — naming a channel is not republishing it, and a handle in a post body is easy to place deliberately. The post counts beside each row below are distinct posts in which the handle appeared, from posts we have read on both sides — the “Named by N registered channels” figure above is a different count, of distinct NAMING CHANNELS rather than posts, and is not the sum of the rows under it.
Channels Telegram recommends alongside this one
Telegram’s own answer, not this register’s. When this register asks Telegram’s API what is similar to this channel, this is the list it returns, in the exact order Telegram returns it — never re-sorted by subscribers or by anything else this register measures. The relationship, and the order, are Telegram’s; we record them and date them, and make no claim of our own about which of these channels actually resemble this one.
Read from Telegram’s recommendation API, most recently 16 August 2026. Telegram holds a list like this for a small and growing share of the register — how this is measured, and why most channel pages show nothing here.
Appears in Telegram’s recommendations for other channels
The reverse of the list above, and a different kind of signal. This does not require this channel to have ever been asked about directly — each row below is a channel we DID ask Telegram about, whose Telegram-generated list happened to include this one. A channel can appear here with an empty list above it, because being named by someone else’s query is independent of having been queried itself.
IF Stocks @if_stocks · 120,286 Telegram ranks this channel #3 of 97 here — alongside 96 others — read 14 August 2026
InvestFuture @investfuture · 183,726 Telegram ranks this channel #3 of 97 here — alongside 96 others — read 11 August 2026
Zakharov Invest @zakharov_risk · 25,609 Telegram ranks this channel #4 of 97 here — alongside 96 others — read 14 September 2026
IF Crypto @if_crypto_ru · 52,756 Telegram ranks this channel #4 of 98 here — alongside 97 others — read 24 August 2026
Деньги из бетона — Недвижимость РФ @if_estate · 64,074 Telegram ranks this channel #4 of 97 here — alongside 96 others — read 21 August 2026
Кира Юхтенко @kira_pronira · 64,955 Telegram ranks this channel #4 of 100 here — alongside 99 others — read 21 August 2026
IF News @if_market_news · 119,061 Telegram ranks this channel #6 of 95 here — alongside 94 others — read 14 August 2026
Путь инвестора (Давыдов Артем) @put_investor · 32,792 Telegram ranks this channel #16 of 96 here — alongside 95 others — read 4 September 2026
Финансовая нeзaвисимость @fndb777 · 66,033 Telegram ranks this channel #17 of 99 here — alongside 98 others — read 21 August 2026
ИнвестократЪ | Георгий Аведиков @investokrat · 31,915 Telegram ranks this channel #18 of 98 here — alongside 97 others — read 5 September 2026
Максим Петров | Инвестирование @MaxsimPetrov · 43,473 Telegram ranks this channel #18 of 98 here — alongside 97 others — read 28 August 2026
Инвестдруг Ольга Сабитова @olgasabitova · 51,403 Telegram ranks this channel #18 of 97 here — alongside 96 others — read 24 August 2026
IF Travel @without_borders_ru · 32,489 Telegram ranks this channel #19 of 96 here — alongside 95 others — read 5 September 2026
Привычка Умно💪ЖАТЬ @Habit2Reap · 35,717 Telegram ranks this channel #21 of 97 here — alongside 96 others — read 2 September 2026
NataliaBaffetovna | Инвестиции @NataliBaff · 43,394 Telegram ranks this channel #21 of 95 here — alongside 94 others — read 28 August 2026
Первый инвестиционный @am_first · 49,303 Telegram ranks this channel #22 of 89 here — alongside 88 others — read 25 August 2026
Дмитрий Толстяков | Инвестиции и жизнь @dmitrytolstyakov · 34,572 Telegram ranks this channel #23 of 97 here — alongside 96 others — read 3 September 2026
Cashflow - Ваш денежный поток @CashflowTime · 52,444 Telegram ranks this channel #26 of 93 here — alongside 92 others — read 24 August 2026
КИТ Финанс Брокер @KIT_finance_broker · 33,208 Telegram ranks this channel #27 of 96 here — alongside 95 others — read 4 September 2026
Аналитика Т-Инвестиций @t_analytics_official · 72,454 Telegram ranks this channel #28 of 96 here — alongside 95 others — read 19 August 2026
Т-Инвестиции @tb_invest_official · 528,596 Telegram ranks this channel #28 of 93 here — alongside 92 others — read 9 August 2026
PRObonds | Иволга Капитал @probonds · 30,253 Telegram ranks this channel #29 of 99 here — alongside 98 others — read 7 September 2026
💰 WALL STREET PRO @thewallstreetpro · 46,505 Telegram ranks this channel #29 of 96 here — alongside 95 others — read 27 August 2026
Александра Вальд Инвестиции @life_and_invest · 30,173 Telegram ranks this channel #32 of 97 here — alongside 96 others — read 7 September 2026
This channel appears in 55 seed channels' Telegram-generated recommendation lists in total, of which the 24 where it ranks highest are shown above. Each is Telegram’s list for THAT channel, not this one — see how this is measured.
Cite this entry
A live page changes as we take new readings, so a citation should name the measurement it is based on, not just the URL. The line below cites the subscriber count as measured 18 September 2026 — this
entry's latest reading, not the date you are reading this.
“IF Bonds — Облигации РФ” (@if_bonds), 94,956 subscribers as measured 18 September 2026. Telegram Register, tgregister.com/channel/if_bonds.
Full measurement history, CC BY 4.0. Every reading this register holds for this entry, not just the latest one, as a dated, downloadable record: CSV · JSON. Free to use with attribution to tgregister.com. Each file carries its own generation timestamp, which is the figure to cite for exactly when the data was retrieved.