Turnovers on the money market in the week of 19 - 23 January 2015
In the week of 19 - 23 January 2015 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 2014 figures the daily average turnover of deposit operations was almost same (CZK 38.6 bln. to CZK 38.7 bln). The most significant among deposit operations were those with the maturity up to 1 week (97,8 percent), in particular O/N operations comprising almost 92.2 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 1.5 percent.
The turnover of derivative transactions IRS (Interest Rate Swap) increased by 19 percent in comparison to October 2014 figures. The volume of FRAs (Forward Rate Agreement) went up (volume 600 mln.) as compared with the last period when FRAs were not traded.