Turnovers on the money market in the week of 20 – 24 April 2015
In the week of 20 - 24 April 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 January figures the daily average turnover of deposit operations increased from CZK 38.6 bln. to CZK 44.7 bln. that was driven mainly by growth (of 15 percent) in O/N trades with non-residents. The most significant among deposit operations were those with the maturity up to 1 week (98,3 percent), in particular O/N operations comprising almost 90.9 percent share of the total turnover. The volume of repo operations went significantly up in the surveyed period thus their share on the total turnover increased to 10.2 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.