Turnovers on the money market in the week of 14 - 18 April 2014
In the week of 14 - 18 April 2014 a regular survey was conducted on the daily average turnovers on the money market. This survey is carried out by the Czech National Bank regularly four times a year – always in January, April, July and October.
As compared to January 2014 figures the daily average turnover of deposit operations increased from CZK 40.7 bln. to CZK 43.1 bln., which was driven mainly by growth (of 4.5 percent) in O/N trades. The most significant among deposit operations were those with the maturity up to 1 week (93,5 percent), in particular O/N operations comprising almost 81 percent share of the total turnover. The volume of repo operations went down in the surveyed period and their share on the total turnover decreased from 2.85 to 1.1 percent.
The turnover of derivative transactions IRS (Interest Rate Swap) fell down to one half in comparison to January 2014 figures. The FRAs (Forward Rate Agreement) were not traded in the above mentioned period.