Turnovers on the money market in the week of 15 – 19 January 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 October 2017 figures the daily average turnover of deposit operations decreased from CZK 103.93 bln. to CZK 63.64 bln. that was driven mainly by decrease (of 41 percent) in trades with non-residents. Their share on the total volume reached 93 percent. In terms of maturity, the most significant were those with the O/N maturity comprising almost 76 percent share of the total turnover. The volume of repo operations went up again in the surveyed period thus their share on the total turnover reached 36.4 percent.
The turnover of derivative transactions IRS (Interest Rate Swap) decreased by 40 percent in comparison to October figures due to decline in trades with non-residents. The FRAs (Forward Rate Agreement) were not traded in surveyed period at all.