Turnovers on the money market in the week of 17 – 21 October 2016
In the week of 17 - 21 October 2016 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 four times a year – always in January, April, July and October.
As compared to July 2016 figures the daily average turnover of deposit operations increased from CZK 90,03 bln. to CZK 110.97 bln. that was driven mainly by growth (of 33 percent) in O/N trades with non-residents. Their share on the total volume reached 93,5 percent. In terms of maturity, the most significant were those with the maturity up to 1 week (97,5 percent), in particular O/N operations comprising almost 94 percent share of the total turnover. The volume of repo operations went down in the surveyed period thus their share on the total turnover decreased to 0,6 percent.
The turnover of derivative transactions IRS (Interest Rate Swap) increased by 65 percent in comparison to July figures due to growth of trades with non-residents. The FRAs (Forward Rate Agreement) were not traded in the surveyed period at all.