The index is in line with the Bank of Russia's requirements for financial benchmarks

It is calculated based on repos in GCC, the most widely traded segment of the Russian money market

More than 400 participants connected to GCC repo market and deposits with CCP contribute to market rates for standard terms O/N, 1W, 2W, 1M, 2M and 3M by making anonymous order book trades

20 market makers quote prices in GCC repo on a regular basis

OIS on RUSFAR is available on the Standartised OTC Derivatives Market

RUSFAR is used as a reference rate in floating-rate trades.