Turnovers on the money market in the week of 16 – 20 October 2017
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 July 2017 figures the daily average turnover of deposit operations decreased from CZK 122.87 bln. to CZK 103.93 bln. that was driven mainly by decrease (of 12.6 percent) in trades with non-residents. Their share on the total volume reached 96.8 percent. In terms of maturity, the most significant were those with the O/N maturity comprising almost 84 percent share of the total turnover. The volume of repo operations went up significantly in the surveyed period thus their share on the total turnover reached 22.6 percent.
The turnover of derivative transactions IRS (Interest Rate Swap) increased by 120 percent in comparison to July figures due to growth in trades with non-residents. The FRAs (Forward Rate Agreement) were traded in surveyed period only with non-residents.