Index Information for Bond Issuance

For any questions regarding MOEX's index management products, please contact MOEX index management team by phone at +7 (495) 363-3232 or email at index@moex.com.

The Zero-Coupon Yield Curve is a money market indicator determined based on trades in Russian government bonds (GKO-OFZ), reflecting the term structure of risk-free interest rates in the Russian market

RUSFAR (Russian Secured Funding Average Rate) indicators represent the cost of secured money and are calculated based on the most liquid segment of the Russian money market – REPO with the Central Counterparty (CCP) using General Collateral Certificates (GCC).

Currency fixing is a financial indicator that establishes a universally recognized unified price of a currency.

These indicators can be used to determine the material terms of bond issuance.

Key Points

• To use information on the values and parameters of the Moscow Exchange's Zero-Coupon Yield Curve, currency fixings, and RUSFAR indicators for bond issuance purposes, it is necessary to conclude an agreement with MOEX.
• The fee for providing the values and parameters of indicators used to determine the terms of bond issues or other calculations related to bonds does not depend on the issuance volume and is fixed.