Turnovers on the money market in the week of 16 – 20 April 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 January 2018 figures the daily average turnover of deposit operations decreased from CZK 63.64 bln. to CZK 54.91 bln. that was driven mainly by decrease (of 15.7 percent) in trades with non-residents. Their share on the total volume reached 91 percent. In terms of maturity, the most significant were those with the O/N maturity comprising almost 77 percent share of the total turnover. The volume of repo operations went slightly down in the surveyed period thus their share on the total turnover reached 36.7 percent.
The turnover of derivative transactions IRS (Interest Rate Swap) increased by 19 percent in comparison to January figures due to growth in trades with non-residents. The FRAs (Forward Rate Agreement) were not traded in surveyed period at all.