Turnovers on the money market in the week of 16 – 20 July 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 April 2018 figures the daily average turnover of deposit operations decreased from CZK 54.91 bln. to CZK 50.3 bln. that was driven mainly by decrease (by 14.3 percent) in trades with non-residents. Their share on the total volume went down from 91 to 85 percent. In terms of maturity, the most significant were those with the O/N maturity comprising 78 percent share of the total turnover. The volume of repo operations went also down (by 20.5 percent) in the surveyed period thus their share on the total turnover reached 33.4 percent.
The turnover of derivative transactions IRS (Interest Rate Swap) decreased by 25 percent in comparison to April figures due to decline in trades with non-residents. The FRAs (Forward Rate Agreement) were traded in surveyed period only with non-residents.