Turnovers on the money market in the week of 15 – 19 October 2018
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 July 2018 figures the daily average turnover of deposit operations decreased from CZK 50.3 bln. to CZK 33.6 bln. that was driven mainly by decrease (by 32 percent) in trades with non-residents. Nevertheless, their share on the total volume went up from 85 to 86.5 percent. In terms of maturity, the most significant were those with the O/N maturity comprising 90.5 percent share of the total turnover. The volume of repo operations went also down (by 37 percent) in the surveyed period but their share on the total turnover remained almost the same (32.2 percent opposite to 33.4 percent).
The turnover of derivative transactions IRS (Interest Rate Swap) more than doubled in comparison to July figures due to growth in trades with non-residents. The FRAs (Forward Rate Agreement) were traded similarly to previous period only with non-residents.