- Ìýslightly decreased from €127 billion in the second maintenance period of 2019 to €126 billion in the third maintenance period
- Ìýremained unchanged at -0.42% for the wholesale sector and decreased from -0.40% to -0.45% for the interbank sector
- Ìýremained unchanged at €350 billion, with aÌýÌýof -0.48%
Unsecured market
In the latest maintenance period, which started on 17 April 2019 and ended on 11 June 2019, the borrowing turnover in the unsecured segment averaged €126 billion per day. The total borrowing turnover for the period as a whole was €4,680 billion. Borrowing from credit institutions, i.e. on the interbank market, represented a turnover of €429 billion, i.e. 9% of the total borrowing turnover, and lending to credit institutions amounted to €248 billion. Overnight borrowing transactions represented 49% of the total borrowing nominal amount. The weighted average overnight rate for borrowing transactions was -0.45% for the interbank sector and -0.42% for the wholesale sector, compared with -0.40% and -0.42% respectively in the previous maintenance period.
Secured market
Ìý
In the latest maintenance period, the borrowing turnover in the secured segment averaged €350 billion per day, while the total borrowing turnover for the period as a whole was €12,943 billion. Cash lending represented a turnover of €11,372 billion and the daily average amounted to €307 billion. Most of the turnover was concentrated in tenors ranging from overnight to up to one week, with overnight transactions representing around 22% and 24% of the total nominal amount on the borrowing and lending side respectively. The weighted average overnight rate for borrowing and lending transactions was -0.48% for the wholesale sector, compared with -0.48% and -0.49% respectively in the previous maintenance period.
