Turnovers on the money market in the week of 14 – 18 January 2019
The survey on the daily average turnovers on the money market is carried out by the Czech National Bank regularly four times a year – always in January, April, July and October.
As compared to October 2018 figures the daily average turnover of deposit operations increased from CZK 33.6 bln. to CZK 38.1 bln. that was driven mainly by growth (by 24 percent) in trades with non-residents. Their share on the total volume went up to 95 percent. In terms of maturity, the most significant were those with the O/N maturity comprising 80.3 percent share of the total turnover. The volume of repo operations almost tripled in the surveyed period and their share on the total turnover increased from 32 to 55 percent.
The turnover of derivative transactions IRS (Interest Rate Swap) decreased by 35 percent in comparison to October figures due to decrease in trades with non-residents. The FRAs (Forward Rate Agreement) were traded similarly to previous period only with non-residents.