Turnovers on the money market in the week of 16 - 20 April 2012
In the week of 16 - 20 January 2012 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 2012 figures the daily average turnover of deposit operations decreased from CZK 57.6 bln. to CZK 52.8 bln., which was driven mainly by decrease in trades with the O/N maturity among residents.
The most significant among deposit operations were those with the maturity up to 1 week (94.7 percent), in particular O/N operations comprising 77.8 percent share of the total turnover. The repo operations went up and their share on the total turnover increased from 7.3 to 10 percent.
The turnover of derivative transactions IRS (Interest Rate Swap) drop by 45 percent in comparison to January 2012 figures. On the contrary, the volume traded on FRAs (Forward Rate Agreement) rose by 58 percent. The changes in both categories were caused by trades with non-residents.