Contact us (+ 7 (921) 446-25-10)
×
Texting is available for authorized users.
Please register or log in at the website.
×
Your request for online training is sent. Cbonds managers will be in touch with you shortly. Thank you!

Index group::Amount of interbank lending by non-investment grade banks



Organization responsible for index calculation:CBR

Index group description
Moscow Interbank Bid Rate (MIBID) and Moscow Interbank Offer Rate (MIBOR) are calculated for each working day and every maturity as a simple average of daily bid/offered rates of contributing credit institutions for corresponding maturities. Maximal rates (10% of overall number of rates) and minimal rates (10% of overall number of rates) are excluded from the calculation base. Moscow Interbank Actual Credit Rate (MIACR) is calculated for each working day and every maturity as a weighted average of interest rates on interbank loans given by contributing credit institutions (with appropriate correction to avoid double counting). Moscow Interbank Actual Rate on Credits to Banks with Investment Grade Credit Rating (MIACR-IG) is calculated for each working day and every maturity as a weighted average of interest rates on interbank loans given (with appropriate correction to avoid double counting) to banks with high credit rating (from Baa3 on Moody’s scale or BBB on Fitch and Standard&Poor’s scales and higher). Moscow Interbank Actual Rate on Credits to Banks with B Grade Credit Rating (MIACR-B) is calculated for each working day and every maturity as a weighted average of interest rates on interbank loans given (with appropriate correction to avoid double counting) to banks with speculative credit rating (from B3 to B1 on Moody’s scale or from B to B+ on Fitch and Standard&Poor’s scales). Transactions with maximal rates (10% of overall volume of transactions) and transactions with minimal rates (10% of overall volume of transactions) are excluded from the calculation base. Turnover volumes of overall interbank lending, interbank lending to banks with investment grade credit rating and interbank lending to banks with speculative grade credit rating are calculated as the total volume of transactions included in the calculation base of MIACR, MIACR-IG and MIACR-B rates, respectively. Data source: daily reports of a sample of contributing credit institutions operating in the Russian money market (see the Bank of Russia Ordinance No. 2332-U, dated November 12, 2009, "On the List, Forms and Procedure for Compiling and Presenting Credit Institutions Reporting Forms to the Central Bank of the Russian Federation").

Included indices
MIACR turnover, 1 day, RUB bln
MIACR turnover, 2-7 days, RUB bln
MIACR turnover, 8-30 days, RUB bln
MIACR turnover, 31-90 days, RUB bln
MIACR turnover, 91-180 days, RUB bln
MIACR turnover, 181 days - 1 year, RUB bln


minimizeexpand
150 000
issues: local and international bonds
170
countries
+7 812 336 97 21
pro@cbonds.info
150 000
issues: local and international bonds
170
countries
Сbonds is a global Fixed income data platform
+7 812 336 97 21
pro@cbonds.info
Data
  • Descriptive data on bonds
  • Bond Quotes from trading systems and market participants
  • Prospectuses and other issue documents
  • Credit ratings
  • Indices and indicators
  • Market news and analytical research
Analytical instruments
  • Multi-parameter bond database search
  • Bond Maps
  • Market calendar
  • Bond calculator
  • Watchlist and Portfolio management
  • Chart analysis
  • Mobile App and Excel Add-in Tool
Enter or RegisterSubscription/Trial access