Fees for repo transactions
Flat fees
| Fee schedule | Trading fee of the Moscow Exchange, in RUB, not subject to VAT |
Clearing fee of the NCC Clearing Bank, in RUB, not subject to VAT |
Total fee |
|---|---|---|---|
| REPO_0 | 0 | 0 | 0 |
| REPO_150 | 45,000 | 105,000 | 150,000 |
| REPO_500 | 150,000 | 350,000 | 500,000 |
| REPO_6500 | 1,950,000 | 4,550,000 | 6,500,000 |
| REPO_16250 | 4,875,000 | 11,375,000 | 16,250,000 |
| REPO_32500 | 9,750,000 | 22,750,000 | 32,500,000 |
Fees related to repo value
Repo transactions except CCP-cleared repo
| Fee schedule | Trading fee of the Moscow Exchange, not subject to VAT |
Clearing fee of the NCC Clearing Bank, not subject to VAT |
Total fee |
|---|---|---|---|
| REPO_0 | 0.000072% of the repo value, multiplied by the repo term*, min RUB 0.60 | 0.000168% of the repo value, multiplied by the repo term, min RUB 1.40 | 0.00024% of the repo value, multiplied by the repo term, min RUB 2 |
| REPO_150 | 0.0000510% of the repo value, multiplied by the repo term, min RUB 0.60 | 0.00011900% of the repo value, multiplied by the repo term, min RUB 1.40 | 0.00017% of the repo value, multiplied by the repo term, min RUB 2 |
| REPO_500 | 0.0000390% of the repo value, multiplied by the repo term, min RUB 0.60 | 0.00009100% of the repo value, multiplied by the repo term, min RUB 1.40 | 0.00013% of the repo value, multiplied by the repo term, min RUB 2 |
| REPO_6500 | 0.0000300% of the repo value, multiplied by the repo term, min RUB 0.60 | 0.0000700% of the repo value, multiplied by the repo term, min RUB 1.40 | 0.00010% of the repo value, multiplied by the repo term, min RUB 2 |
| REPO_16250 | 0.0000210% of the repo value, multiplied by the repo term, min RUB 0.60 | 0.0000490% of the repo value, multiplied by the repo term, min RUB 1.40 | 0.00007% of the repo value, multiplied by the repo term, min RUB 2 |
| REPO_32500 | 0.0000150% of the repo value, multiplied by the repo term, min RUB 0.60 | 0.0000350% of the repo value, multiplied by the repo term, min RUB 1.40 | 0.00005% of the repo value, multiplied by the repo term, min RUB 2 |
* here and hereinafter repo term is in calendar days
If one trading member is the seller and the buyer to a repo transaction (except T+ transactions), it is paid the following rebate:
25% of the trading fee related to the repo value, but not greater than the difference between the total fee related to the repo value and RUB 0.60 (the rebate is paid if it totals or exceeds RUB 15,000 for all transactions by the end of the calendar month),
and
50% of the clearing fee related to the repo value, but not greater than the difference between the total fee related to the repo value and RUB 1.40 (the rebate is paid if it totals or exceeds RUB 15,000 for all transactions by the end of the calendar month).
The rebate is paid monthly and as prescribed in the NCC Clearing Bank Clearing Rules for the Securities Market.
Repo with the central counterparty (except repo transactions intended for settlement of T+ trades)
| Fee schedule | Trading fee of the Moscow Exchange, not subject to VAT |
Clearing fee of the NCC Clearing Bank, not subject to VAT |
Total fee |
|---|---|---|---|
| REPO_0 | 0.000150% of the repo value, multiplied by the repo term*, min RUB 0.60 | 0.0003800% of the repo value, multiplied by the repo term, min RUB 1.40 | 0.0005300% of the repo value, multiplied by the repo term, min RUB 2 |
| REPO_150 | 0.000105% of the repo value, multiplied by the repo term, min RUB 0.60 | 0.0002660% of the repo value, multiplied by the repo term, min RUB 1.40 | 0.0003710% of the repo value, multiplied by the repo term, min RUB 2 |
| REPO_500 | 0.000081% of the repo value, multiplied by the repo term, min RUB 0.60 | 0.0002052% of the repo value, multiplied by the repo term, min RUB 1.40 | 0.0002862% of the repo value, multiplied by the repo term, min RUB 2 |
| REPO_6500 | 0.000063% of the repo value, multiplied by the repo term, min RUB 0.60 | 0.0001596% of the repo value, multiplied by the repo term, min RUB 1.40 | 0.0002226% of the repo value, multiplied by the repo term, min RUB 2 |
| REPO_16250 | 0.000045% of the repo value, multiplied by the repo term, min RUB 0.60 | 0.0001140% of the repo value, multiplied by the repo term, min RUB 1.40 | 0.0001590% of the repo value, multiplied by the repo term, min RUB 2 |
| REPO_32500 | 0.000030% of the repo value, multiplied by the repo term, min RUB 0.60 | 0.0000760% of the repo value, multiplied by the repo term, min RUB 1.40 | 0.0001060% of the repo value, multiplied by the repo term, min RUB 2 |
* here and hereinafter repo term is in calendar days
The minimum value-based fee for repo transactions concluded in the trading mode Repo with the CCP – Order Book is RUB 0.02 (the trading fee is RUB 0.01; the clearing fee is RUB 0.01).
There is no minimum value-based fee as well as the trading and clearing fees for repo transactions concluded in the trading mode Settlement of T+ Trades.