- decreased from 鈧�152 billion in the second maintenance period of 2020 to 鈧�145 billion in the third maintenance period of 2020
- decreased from -0.50% to -0.51% for the wholesale sector, and decreased from -0.53% to -0.54% for the interbank sector
- increased from 鈧�333 to 鈧�341 billion, with a of -0.52%
Unsecured market
In the third maintenance period of 2020, which started on 6 May 2020 and ended on 9 June 2020, the borrowing turnover in the unsecured segment averaged 鈧�145 billion per day. The total borrowing turnover for the period as a whole was 鈧�3,632 billion. Borrowing from credit institutions, i.e. on the interbank market, represented a turnover of 鈧�287 billion, i.e. 8% of the total borrowing turnover, and lending to credit institutions amounted to 鈧�353 billion. Overnight borrowing transactions represented 52% of the total borrowing nominal amount. The weighted average overnight rate for borrowing transactions was -0.54% for the interbank sector and -0.51% for the wholesale sector, compared with -0.53% and -0.50% respectively in the previous maintenance period.
Secured market
In the third maintenance period of 2020, the borrowing turnover in the secured segment averaged 鈧�341 billion per day, while the total borrowing turnover for the period as a whole was 鈧�8,523 billion. Cash lending represented a turnover of 鈧�7,838 billion and the daily average amounted to 鈧�314 billion. Most of the turnover was concentrated in tenors ranging from overnight to up to one week, with overnight transactions representing around 24% and 25% of the total nominal amount on the borrowing and lending side respectively. The weighted average overnight rate for borrowing and lending transactions was, respectively, -0.52% and -0.49% for the wholesale sector, compared with -0.53% and -0.50% in the previous maintenance period.
