July 2022

Turnovers on the money market in the week of 18 - 22 July 2022

The survey on the daily average turnovers on the money market is carried out by the Czech National Bank regularly four times a year – always in January, April, July and October.

As compared to April figures the daily average turnover of deposit operations increased from CZK 41.8 bln. to CZK 65.5 bln. that was driven by growth in trades with non-residents. Their share on the total volume reached 92 percent. In terms of maturity, the most significant were those with the maturity from one week to one month comprising 60 percent share of the total turnover. The volume of repo operations decreased by one third in comparison to last survey and their share on the total turnover reached almost 25 percent.

The turnover of derivative transactions IRS (Interest Rate Swap) decreased to one half as compared to April figures. Volume of FRAs (Forward Rate Agreement) hugely rised when all trades were carried out with non–residents.