Tuesday June 11 2019


News Source: Global Exchanges

Focus: Clearing & Settlement

Type: General

Country: Russia

Link: https://bit.ly/2R6eJK8



On 10th June 2019, the Moscow Exchange (MOEX), publishes the list of with which repo transactions are possible in the REPO trading modes with the Bank of Russia, in accordance with the Rules for trading in the stock market and the deposit market of the Moscow Exchange. Bidders will be given the opportunity to enter into REPO transactions with the Bank of Russia taking into account the following features:

  1. In the REPO with the Bank of Russia: REPO auction mode with settlements in Russian rubles:

1.1. The auction is held on securities included in the list of securities with which transactions are allowed in the REPO Trading Mode with the Bank of Russia: REPO Auction with settlements in Russian rubles (Appendix No.1);

1.2. When concluding REPO transactions in the REPO Trading Mode with the Bank of Russia: REPO Auction with settlements in rubles of the Russian Federation with securities specified in clauses 1.1 p. 1, set the values ​​of discounts (initial, minimum limit, maximum limit) in accordance with Appendix No.1.

  1. In the REPO with the Bank of Russia: Fixed Rate trading mode with settlements in Russian rubles:

2.1. Repo transactions with the Bank of Russia are carried out with securities included in the list of securities with which transactions are allowed in the repo trading mode with the Bank of Russia: fixed rate with settlements in Russian rubles (Appendix No. 1).

2.2. When concluding REPO transactions in the REPO trading mode with the Bank of Russia: Fixed Rate, settlements in Russian rubles with securities specified in paragraphs. 2.1. Section 2 establishes the values ​​of discounts (initial, minimum limit, maximum limit) in accordance with Appendix No. 1.

  1. The “REPO with the Bank of Russia: REPO auction” trading mode with settlements in foreign currency:

3.1. The auction is held on securities included in the list of securities with which transactions are allowed in the REPO Trading Mode with the Bank of Russia: REPO Auction with settlements in foreign currency (Appendix No. 2);

3.2. When concluding REPO transactions in the REPO auction mode with the Bank of Russia: REPO auction with settlements in foreign currency with securities specified in paragraphs. 3.1 p. 3, set the values ​​of discounts (initial, minimum limit, maximum limit) in accordance with Appendix No. 2.

Click on the above link for further information.