Turnovers on the money market in the week of 16 - 20 January 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 October 2016 figures the daily average turnover of deposit operations increased from CZK 110.97 bln. to CZK 144.677 bln. that was driven mainly by growth (of 29 percent) in trades with non-residents. Their share on the total volume reached 98.3 percent. In terms of maturity, the most significant were those with the O/N maturity comprising almost 85.3 percent share of the total turnover. The volume of repo operations went up in the surveyed period thus their share on the total turnover increased to 3 percent.
The turnover of derivative transactions IRS (Interest Rate Swap) increased by 39 percent in comparison to October figures due to growth of trades with non-residents. The FRAs (Forward Rate Agreement) were not traded in the surveyed period at all.