Monthly Average Actual Rates on Moscow banks’ credits (MIACR, MIACR-IG, MIACR-B)

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Retrospective Information. Monthly Average Actual Rates on Moscow banks’ credits (MIACR-IG USD, MIACR-B USD)

Calculation of Monthly Average Actual Rates on Moscow banks’ credits (MIACR, MIACR-IG, MIACR-B)

Monthly average actual rates on interbank loans (MIACR, MIACR-IG, MIACR-B) are calculated as simple averages of daily MIACR, MIACR-IG and MIACR-B rates for the corresponding period with breakdown by maturity.

Weighted average actual rates on interbank loans MIACR, MIACR-IG, MIACR-B are figured out on the basis of information about deals on interbank money market conducted by a representative sample of Moscow banks. Data on transactions are conveyed to the Bank of Russia in the daily reporting form 0409701 “The foreign exchange and money markets transactions report” in compliance with the Bank of Russia Ordinance No. 4927-U, dated October 8, 2018, “On the List, Forms and Procedure for Compiling and Presenting Credit Institutions Reporting Forms to the Central Bank of the Russian Federation”.

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