The Moscow Exchange will launch futures on the key rate index

The Moscow Exchange announced the start of trading with a settlement futures contract for the key rate index. The launch of the new tool in the urgent market is scheduled for September 29. Two contracts with the nearest deadlines will be allowed to tender simultaneously.

The parameters of the contract: the underlying asset is the key rate index, the code is KEYRATE, the expiration date and time is 19:00 GMT on the planned dates of meetings of the Board of Directors of the Central Bank. The key rate index is calculated from August 24, 2026. Its values are published every working day no later than 17:00 GMT.

As noted in the press service of the Moscow Exchange, the new tool is aimed at a wide range of market participants. Financial companies and their corporate clients will get a convenient way to manage interest rate risk in the exchange circuit. Private investors will be able to implement strategies based on expectations of changes in the Bank of Russia key rate.