Changeflow GovPing Securities & Markets REPO Risk Parameters Lower Bound Falls 20% for ...
Routine Notice Amended Final

REPO Risk Parameters Lower Bound Falls 20% for Security LEAS

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Summary

MOEX adjusted the lower bound of the REPO rate for security LEAS by up to -20%, while also modifying the penalty rate and IR Risk Rate (down to -1.04 rub) on 22 April 2026 at 14:13 MSK. New parameter values are published on the National Clearing Centre website. These changes take effect immediately for all MOEX market participants trading REPO contracts involving this security.

“the lower bound of the REPO rate for tenor Y0/Y1Dt (up to -20.0 %), penalty rate and IR Risk Rate (up to -1.04 rub) for the security LEAS were changed”

MOEX , verbatim from source
Published by MOEX on moex.com . Detected, standardized, and enriched by GovPing. Review our methodology and editorial standards .

About this source

GovPing monitors Moscow Exchange for new securities & markets regulatory changes. Every update since tracking began is archived, classified, and available as free RSS or email alerts — 11 changes logged to date.

What changed

MOEX modified the lower bound methodology for the REPO rate on security LEAS, applying a 20% reduction alongside adjustments to the penalty rate and IR Risk Rate (down by 1.04 rub). The changes were implemented as per the Securities market risk parameters methodology.

Market participants engaged in REPO transactions involving LEAS should verify the new parameter values via the National Clearing Centre rate page, as the adjusted lower bound and penalty rate may affect collateral valuation and margin calculations for existing positions.

Archived snapshot

Apr 22, 2026

GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.

News and events News and events

Newsroom Events calendar Subscription management Subscription Print version 22.04.2026 14:13

REPO risk parameters change for the security LEAS

As per the Securities market risk parameters methodology, on 22.04.2026, 14-13 (MSK) the lower bound of the REPO rate for tenor Y0/Y1Dt (up to -20.0 %), penalty rate and IR Risk Rate (up to -1.04 rub) for the security LEAS were changed. New values are available here

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Source document text, dates, docket IDs, and authority are extracted directly from MOEX.

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Last updated

Classification

Agency
MOEX
Published
April 22nd, 2026
Instrument
Notice
Branch
SRO
Legal weight
Non-binding
Stage
Final
Change scope
Minor

Who this affects

Applies to
Banks Broker-dealers Investors
Industry sector
5221 Commercial Banking
Activity scope
REPO market operations Risk parameter adjustment
Geographic scope
RU RU

Taxonomy

Primary area
Banking
Operational domain
Finance
Topics
Securities Financial Services

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