October 2024

Turnovers on the money market in the week of 14 - 18 October 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 July figures the daily average turnover of deposit operations increased from CZK 27.1 bln. to CZK 42.6 bln. that was driven mainly by growth in trades with non-residents. Their share on the total volume reached 95.3 percent. In terms of maturity, the most significant were those with the O/N maturity and their percent share reached 62 percent. The volume of repo operations almost doubled in comparison to last survey and their share of the total turnover reached almost 50 percent.

The turnover of derivative transactions IRS (Interest Rate Swap) increased by 44 percent in comparison to July figures. On the contrary, volume of FRAs (Forward Rate Agreements) decreased by 45 percent when all trades were realized with non-residents.