ISDA understands that on March 15, 2022, the National Finance Association announced that with immediate effect MosPrime would no longer appear on Reuters Screen MOSPRIME 11 and indicated that the level for the benchmark would be published on www.mosprime.com going forwards. ISDA considers that the announcement results in www.mosprime.com constituting a Successor Source under Section 7.2(b)(i) of the 2006 ISDA Definitions and that the definition of “RUB-MOSPRIME-NFEA” (that was added as Section 7.1(s)(i) by the publication of Supplement 4 to the 2006 ISDA Definitions on January 29, 2008) should be read accordingly. ISDA notes that the definition of “RUB-MosPrime” contained in the 2021 ISDA Interest Rate Derivatives Definitions is price-source agnostic and so remains unaffected.
1Refinitiv has also provided ISDA with the following statement: “As of 14th March 2022, Refinitiv is no longer the calculation agent for nor a distributor of the following benchmarks administered by NFA: MOSPRIME, RUREPO, NFEAFIX and ROISFIX. These benchmark rates can be accessed via NFA.”
Latest
ISDA ALF: Katherine Tew Darras Opening Remarks
ISDA Annual Legal Forum New York, October 28, 2025 Opening Remarks Katherine Tew Darras ISDA General Counsel Good morning and welcome to the Annual Legal Forum here in New York. Thank you for joining us today and thanks to...
ISDA 2025 – 2002 Equity Derivatives Definitions (Versionable Edition) Protocol Opens for General Adherence
ISDA has opened the general adherence phase for the ISDA 2025 – 2002 Equity Derivatives Definitions (Versionable Edition) Protocol. The protocol enables adherents to amend the terms of their equity derivatives master confirmation agreements to incorporate the 2002 ISDA Equity...
ISDA Comment on ICC Application as Clearing Agency
On October 6 ISDA submitted a comment letter to the Securities and Exchange Commission in response to the ICE Clear Credit (“ICC”) application for registration as a clearing agency under Section 17A of the Securities Exchange Act of 1934, including...
Paper on Enhancing Liquidity and Risk Management
As ISDA marks its 40th anniversary this year, it is an opportune time to reflect on the challenges and opportunities faced by the global derivatives markets over the past four decades. Rapid growth, continued innovation, regulatory reform, central clearing, margining,...
