Turnovers on the money market in the week of 18 - 22 April 2016
In the week of 18 - 22 April 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 January 2016 figures the daily average turnover of deposit operations decreased from CZK 97 bln. to CZK 69.8 bln. that was driven mainly by drop (of 34 percent) in O/N trades with non-residents. Their share on the total volume reached almost 90 percent. In terms of maturity, the most significant were those with the maturity up to 1 week (95 percent), in particular O/N operations comprising 91 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 1.4 percent.
The turnover of derivative transactions IRS (Interest Rate Swap) decreased by 27 percent in comparison to January figures. The FRAs (Forward Rate Agreement) were not traded in the surveyed period at all.