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9 th IRSF survey Main findings

9 th IRSF survey Main findings. Predicted timetable for RTGS. 2013 is believed to be the most likely timetable for RTGS for Rouble. %. 2011. April 2011. October 2010. 2012. 2013. 2014. 2015. Other. Based on all answering. Reassured by progress BESP is making towards RTGS?.

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9 th IRSF survey Main findings

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  1. 9th IRSF survey Main findings

  2. Predicted timetable for RTGS • 2013 is believed to be the most likely timetable for RTGS for Rouble % 2011 April 2011 October 2010 2012 2013 2014 2015 Other Based on all answering

  3. Reassured by progress BESP is making towards RTGS? • Most are fairly confident in the progress BESP is making towards real-time gross settlement % April 2011 October 2010 Yes Somewhat No Based on all answering

  4. Will all Rouble trades ultimately be settled by BESP? • There is growing confidence that all Rouble trades will be settled via BESP. % Yes April 2011 October 2010 No Not sure Based on all answering

  5. When do you anticipate that the Rouble will become CLS-settled? • 2015 is believed to be the most likely timetable for the Rouble to become CLS-settled. % 2013 April 2011 October 2010 2014 2015 2016 2017 2018 2019 2020-2025 Based on all answering Other

  6. Rouble development • There is growing confidence that Russia will become a recognised international financial centre, and that the Rouble will become a recognised G8 currency. % Agreeing with each statement BESP will become the main settlement system for Rouble Moscow will become a recognised international financial centre Rouble will become a recognised G8 currency Rouble will become a reserve currency April 2011 October 2010 Based on all answering

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