OREANDA-NEWS. The Moscow Exchange Money Market hit record trading volume of repo transactions with the central counterparty in February.

The value of centrally cleared repo transactions totalled RUB 11.0 trln, a record since the launch of the instrument.

The average daily trading volume of repo with the CCP in February was RUB 525.4 bln, up 210% from February 2015 and 97% from the average value of 2015.

On 24 February 2016, CCP-cleared repos reached an all-time daily high of RUB 660.7 bln.

Moscow Exchange offers centrally cleared repos at maturities of up to seven days from 25 January 2016. Transactions are settled in USD and EUR. In February, the trading volume of foreign currency repo with the CCP for maturity longer than three days exceeded RUB 3.2 trln.       

The volume of repo transactions in Eurobonds is rising rapidly and reached a record RUB 5.2 trln in February, up 61% MoM.