SRO NFA signed a contract with Softwel LLC on transfer of the calculation and publication function for the following financial benchmarks administered by the Association:

• financial benchmark of the provision of ruble loans (deposits) in the interbank market Mosprime Rate;
• RoisFix financial benchmark, formed on the basis of quotations for transactions, percentage swap at the RUONIA rate;
• indicative rate (benchmark) - indicative premium for swap operations in the Russian market NFEA SWAP RATE;
• indicative rate (benchmark) of repo transactions in the Moscow interbank market RuREPO.

The benchmarks calculation will be conducted in accordance with the methods of their formation, approved by the SRO NFA’s Expert Council for Benchmarks and Rates. The contributors will be provided with personal access to the RUTERMINAL system to send quotes to the calculating agent. The values ​​of the Mosprime Rate, RoisFix and RuREPO benchmarks in the RUTERMINAL system will be published every working day no later than 12.30 Moscow time, NFEA SWAP RATE - no later than 13.30 Moscow time.

Benchmarks values, as well as quotes used for the calculation, will be provided to the SRO NFA no later than 15 minutes after they are published in the RUTERMINAL system for publication on the benchmarks websites  (http://mosprime.com/, http://roisfix.ru/, http://nfeaswap.ru/, http://rurepo.ru/).

The calculating agent on a quarterly basis will submit an analytical report on the calculation of benchmarks, as well as the discipline of their quotation to the SRO NFA’s Expert Council for Benchmarks and Rates.

SRO NFA, together with the professional community and the Bank of Russia, supports and develops the industry of financial benchmarks. The Association is the owner of trademarks and the administrator of a number of significant benchmarks of monetary and currency markets: Mosprime Rate, RoisFix, NFEA SWAP RATE, RuREPO.

The RUONIA benchmark was developed by the SRO NFA together with the Bank of Russia and was previously administered by the Association. In 2020, the administration of the RUONIA was transferred to the Bank of Russia. The SRO NFA’s Expert Council on Benchmarks and Rates retained the status of the RUONIA User Committee. The benchmark’s website is also administered by the association.