Change of indexes

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PUBLIC JOINT-STOCK COMPANY MOSKOVSKY EXCHANGE successfully passed from use in operations in the market of the standardized derivative financial instruments (SDFI) of the LIBOR indicator (London Interbank Offered Rate) to use of the one-day risk-free SOFR indicator (Secured Overnight Financing Rate). Need of transition to the SOFR indicator was caused by reduction of volumes of auctions in the interbank market which results were included in a basis of calculation of a rate of LIBOR, and also the opaque mechanism of calculation of this indicator. On set of claims to quality and reliability of data, regulators and participants of the monetary...
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Karpov Anatoly
Loktionov Roman
PJSC Moscow Exchange
Main activity:Printing services
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