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Source: Czech National Bank

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 38,7 bln. to CZK 32 bln. that was driven mainly by drop (by 24 percent) in trades with non-residents. Their share on the total volume reached 86 percent. In terms of maturity, the most significant were those with the O/N maturity, comprising 93 percent share of the total turnover. The volume of repo operations was almost the same as in the previous period and their share on the total turnover reached 45 percent.

The turnover of derivative transactions IRS (Interest Rate Swap) decreased by 37 percent in comparison to July figures due to drop in trades with nonresidents and their share on the total volume reached to 88 percent. The FRAs (Forward Rate Agreement) turnover was the same as in the previous period and was traded only with non – residents.

MIL OSI Global Banks