MosPrime Rate (Moscow Prime Offered Rate) is the National Foreign
Exchange Association (NFEA) fixing of reference rate based on the offer rates
of Russian Ruble deposits as quoted by Contributor Banks - the leading
participants of the Russian money market to the first class financial institutions. MosPrime Rate is calculated for
the tenors of 1 day (overnight), 1 week, 2 weeks, 1, 2, 3 and 6 months. The
starting day of the contract period is "tomorrow" (TOM), except overnight rate.
NFEA’s partner in rate calculation is Thomson Reuters.
The list of Contributor Banks is
determined by the NFEA Board.
MosPrime Rate
is published every business day at 12:30 Moscow
time on pages <MOSPRIME1 >, <MOSPRIME=> in Reuters and on NFEA’s
official site.
More
information about MosPrime Rate is published on NFEA’s official site -
www.nva.ru.
|