Turnovers on the money market in the week of 19 – 23 April 2021
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 figures the daily average turnover of deposit operations decreased from CZK 63 bln. to CZK 28.1 bln. that was driven mainly by drop (by 59 percent) in trades with non-residents. Their share on the total volume reached almost 89 percent. In terms of maturity, the most significant were those with the O/N maturity comprising 93 percent share of the total turnover. The volume of repo operations decreased by 43 percent and their share on the total turnover reached 30 percent.
The turnover of derivative transactions IRS (Interest Rate Swap) more than doubled in comparison to January figures due to increase in trades with nonresidents and their share on the total volume reached to 93 percent. The FRAs (Forward Rate Agreement) turnover decreased significantly mainly due to drop in non-residential trades.