About money market rates

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18:29; 10 September 2024 year
ООО Региональные новости

© ООО Региональные новости

About money market rates.

The RUONIA rate, to which coupons of a significant part of exchange-traded floater bonds are linked, is 18.36%.

RUONIA (Ruble OverNight Index Average) is the interest rate at which banks lend to each other for a period of &overnight», actually for one day.

The RUONIA rate is calculated daily as the average value of transactions of 35 major Russian banks and is regularly published on the website of the Bank of Russia.

The RUSFAR rate (a benchmark for the value of secured money and the profitability of money market funds) for three months is 18.16%.

The RUSFAR (Russian Secured Funding Average Rate) is the average rate for REPO transactions with a Central Counterparty concluded over a certain period of time. It is an indicator of the value of secured money.

The review was presented by Alexey Grishchenko, Doctor of Economics, Professor of the Department of Operational and Industry Management at the Faculty of Higher School of Management of the Financial University under the Government of the Russian Federation.