Turnovers on the money market in the week of 16-20 October 2006
In the week of 16 - 20 October 2006 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 twice a year with participation of all relevant banks dealing on the Czech money market.
As compared with April 2006 figures the daily average turnover increased from CZK 52.3 bln. to CZK 64.1 bln. thus reaching the highest level since the April 2001 (CZK 81.9 bln.). This increase was related mainly to the increase of the deposit operations with residents with the maturity up to three months, of which the traded volume went up by almost 41 %. On the whole, traded volume of the deposit operations with the maturity up to 3 months increased by 25 %. Traded volume of other instruments showed high relative changes as compared with the last survey which was caused by their small absolute volume.
The most significant on the money market are still deposit operations with the maturity up to 3 months comprising 99,5 % share of the total turnover. Other instruments are traded rarely.