RepoFunds Rate (RFR)

In collaboration with several partners, representing almost the entire Repo (overnight repurchase agreement) market, CME Group Benchmark Administration developed the RepoFundsRate family of benchmarks. Unique in this area of the market, these benchmarks represent actual traded prices on over € 200bn of repo transactions.

RepoFunds Rate is a suite of daily euro benchmarks for the Euro, Austria, Belgium, Finland, France, Germany, Italy, Netherlands, Portugal and Spain. RepoFunds Rate (RFR) is a registered benchmark under EU Regulation 2016/1011.

RepoFunds Rate (RFR) is a series of daily euro repo benchmarks comprising RFR Euro, RFR Austria, RFR Belgium, RFR Finland, RFR France, RFR Germany, RFR Italy, RFR Netherlands, RFR Portugal and RFR Spain.

The benchmarks are calculated from trades executed on either the BrokerTec or the MTS electronic platforms. All eligible repo trades are centrally cleared and RepoFunds Rate is calculated and published by CME Group Benchmark Administration.

Each benchmark is calculated with repo trades that use sovereign government bonds as collateral. Trades using sovereign bonds issued by the majority of Eurozone countries are eligible for RFR Euro. Country-specific RFR benchmarks are calculated with trades using sovereign bonds issued by the relevant country only.

All benchmarks are denominated in euros.

RepoFunds Rate is published via:
Website: www.repofundsrate.com
Bloomberg: page REPF
RepoFunds Rate is the intellectual property of CME Group and/or one of its group companies and/or EuroMTS Limited and/or one of its group companies ("MTS").

Additional RepoFunds Rate benchmarks and underlying data are available to subscribers via FTP and email delivery. For further information, please visit www.repofundsrate.com or contact us at indices@nexdata.com.