Turnovers on the money market in the week of 15 - 19 April 2013
In the week of 15 - 19 April 2013 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 2013 figures the daily average turnover of deposit operations decreased from CZK 31.3 bln. to CZK 26.4 bln., which was driven mainly by decrease (-18 percent) in trades with the O/N maturity with non-residents. Their share on the total O/N volume dropped from 91 to 83 percent.
The most significant among deposit operations were those with the maturity up to 1 week (95 percent), in particular O/N operations comprising 84 percent share of the total turnover. The volume of repo operations went up in the surveyed period and their share on the total turnover increased from 3.7 to 6.8 percent.
The turnover of derivative transactions IRS (Interest Rate Swap) decreased by 41 percent in comparison to January 2013 figures. This was caused mainly by the decrease in trades with non-residents. The volume of FRAs (Forward Rate Agreement) were not traded in the surveyed period at all.