ECB: Euro money market statistics: eighth maintenance period 2017 - The Industry Spread

industryspread

The Industry Spread is a news and information site built for the global trading industry. The site provides industry news focusing on technology, global regulation, company news and the latest people moves .

ECB

ECB: Euro money market statistics: eighth maintenance period 2017

February 22, 2018
20 February 2018
  • The daily average borrowing turnover in the unsecured segment decreased from €112 billion in the seventh maintenance period to €110 billion in the eighth maintenance period of 2017
  • The weighted average overnight rate on borrowing transactions remained unchanged at −0.40% for the wholesale sector and decreased from −0.39% to −0.42% for the interbank sector

Daily average nominal borrowing amount in the unsecured segment for the wholesale and interbank sectors, by maintenance period

Weighted average rate for wholesale sector borrowing in the unsecured segment by tenor and maintenance period

(Percentage)

In the latest maintenance period, which started on 20 December 2017 and ended on 30 January 2018, the borrowing turnover in the unsecured segment averaged €110 billion per day, compared to €112 billion in the previous period. The total borrowing turnover for the period as a whole was €2,969 billion. Borrowing from other credit institutions, i.e. on the interbank market, represented a turnover of €325 billion, i.e. 11% of the total borrowing turnover, and lending to other credit institutions amounted to €286 billion. Borrowing overnight transactions represented 48% of the total borrowing nominal amount. The weighted average overnight rate for borrowing transactions was −0.42% for the interbank sector and −0.40% for the wholesale sector, compared with −0.39% and −0.40% respectively in the previous maintenance period.

Login To MyTis Comment Or Register to MyTIS

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

Newsletter

Register now to receive the latest news and information for global trading industry.

Latest Articles

Bank-of-Russia, market-making

Bank of Russia proposes new approaches to market-making regulation

The innovations proposed by the Bank of Russia are aiming to mitigate the risks of market manipulations that may be committed under the guise of maintaining exchange trading parameters. The relevant draft ordinance is available on the Bank of Russia’s website. Market making is a tool to provide liquidity to the financial market. It implies …

0
Would love your thoughts, please comment.x
()
x