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01.12.2011
The calculation of NFEA fixings on 30 December 2011
On 30 November 2011 the NFEA Board took the following
decision regarding the calculation of NFEA fixings on 30 December 2011:
∙ During the public holidays in Russia, from 1 till 10
January, no NFEA fixings will be calculated and no quotes will be entered by
the contributors into the electronic system.
∙ No RUONIA reference rate will be calculated on the last
business day of the year. For RUONIA-based financial instruments, we propose
treating the last business day of the year as a public holiday (non-business
day).
∙ On the last business day the NFEA MOSPRIME RATE, ROISFIX
and NFEA FX SWAP will be calculated as usual, apart from overnight rates. For overnight rates of these NFEA fixings, we
propose treating the last business day of the year as a public holiday (non-business
day).
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