Turnovers on the money market in the week of 18 - 22 January 2016
In the week of 18 - 22 January 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 October 2015 figures the daily average turnover of deposit operations increased from CZK 88.6 bln. to CZK 97 bln. that was driven mainly by growth (of 13 percent) in O/N trades with non-residents. Their share on the total volume reached almost 98 percent. In terms of maturity, the most significant were those with the maturity up to 1 week (99 percent), in particular O/N operations comprising 98 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 0.4 percent.
The turnover of derivative transactions IRS (Interest Rate Swap) increased by 152 percent in comparison to October figures. The FRAs (Forward Rate Agreement) were not traded in the surveyed period at all.