Effective June 17, 2013 a new constituent list of the zero-coupon yield curve for Government bonds will take effect. The new list includes 21 Russian Federation government bonds (OFZ).
List of securities for calculation of the zero-coupon yield curve, effective from 17.06.2013
| № | Bonds | State registration number |
|---|---|---|
| 1 | OFZ 25068 | 25068RMFS |
| 2 | OFZ 25075 | 25075RMFS |
| 3 | OFZ 25076 | 25076RMFS |
| 4 | OFZ 25077 | 25077RMFS |
| 5 | OFZ 25079 | 25079RMFS |
| 6 | OFZ 25080 | 25080RMFS |
| 7 | OFZ 25081 | 25081RMFS |
| 8 | OFZ 26201 | 26201RMFS |
| 9 | OFZ 26202 | 26202RMFS |
| 10 | OFZ 26203 | 26203RMFS |
| 11 | OFZ 26204 | 26204RMFS |
| 12 | OFZ 26205 | 26205RMFS |
| 13 | OFZ 26206 | 26206RMFS |
| 14 | OFZ 26207 | 26207RMFS |
| 15 | OFZ 26208 | 26208RMFS |
| 16 | OFZ 26209 | 26209RMFS |
| 17 | OFZ 26210 | 26210RMFS |
| 18 | OFZ 26211 | 26211RMFS |
| 19 | OFZ 26212 | 26212RMFS |
| 20 | OFZ 46018 | 46018RMFS |
| 21 | OFZ 46020 | 46020RMFS |
For reference:
The zero-coupon yield curve for Government bonds (the Z-curve) of Moscow Exchange is determined based on trades in government bonds and used as a benchmark for risk-free rates to borrow on the domestic debt market. The Z-curve represents interest rates depending on term on a continuous basis and used for pricing of debt instruments as well as interest rate risk management. The Z-curve is calculated continuously on a real time basis during the trading sessions as trades in bonds currently in the list of the Z-curve are executed.
Further information on the Z-curve is available on the Exchange's website.
