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.nfa.ru.