RUB Penalty Rate Change

According to the new methodology of CCP NCC, starting from June 28, 2021 RUB Penalty rate on FX and Precious Metals Market and Securities market will be calculated as follows:
where:

k_money – coefficient for RUSFAR_i rate, defined by decision of CCP NCC
RUSFAR_i – RUSFAR ON RUB on day i
MONEYRate_min – minimum MONEYRate_i, defined by decision of CCP NCC
CCP NCC will set the following risk parameters starting from June 28, 2021:

• k_money is set equal to 2;
• MONEYRate_min is set equal to 0.