July 2024

Turnovers on the money market in the week of 15–19 July 2024

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 20.7 bln. to CZK 27.1 bln. that was driven mainly by growh in trades with non-residents. Their share on the total volume reached 83.2 percent. In terms of maturity, the most significant were those with the O/N maturity and their percent share reached almost 95 percent. The volume of repo operations decreased by 46 percent in comparison to last survey and their share of the total turnover decreased to 45 percent.

The turnover of derivative transactions IRS (Interest Rate Swap) decreased by more than two thirds. On the contrary, volume of FRAs (Forward Rate Agreements) more than doubled when all trades were realized with non-residents.