October 2022

Turnovers on the money market in the week of 17 - 21 October 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 July figures the daily average turnover of deposit operations decreased from CZK 65.5 bln. to CZK 32.6 bln. that was driven mainly by drop in trades with non-residents. Their share on the total volume reached 93.5 percent. In terms of maturity, the most significant were those with the O/N maturity comprising 79.5 percent share of the total turnover. The volume of repo operations decreased by one fourth in comparison to last survey and their share on the total turnover reached 33,5 percent.

The turnover of derivative transactions IRS (Interest Rate Swap) increased by 57 percent as compared to July figures. Volume of FRAs (Forward Rate Agreement) more than trippled when all trades were carried out with non–residents.