Euro money market statistics: Second maintenance period 2022

聽decreased from 鈧�138 billion in the first maintenance period of 2022 to 鈧�137 billion in the second maintenance period of 2022
聽remained stable at -0.56% for the wholesale sector and decreased from -0.57% to -0.58% for the interbank sector
聽decreased from 鈧�429 billion to 鈧�404聽billion, with a聽聽of -0.64%

Unsecured market

In the second maintenance period of 2022, which started on 16 March 2022 and ended on 19 April 2022, the borrowing turnover in the unsecured segment averaged 鈧�137 billion per day. The total borrowing turnover for the period as a whole was 鈧�3,150 billion. Borrowing from credit institutions, i.e. on the interbank market, represented a turnover of 鈧�252 billion, i.e. 8% of the total borrowing turnover. Lending to credit institutions amounted to 鈧�183 billion. Overnight borrowing transactions represented 70% of the total borrowing nominal amount. The weighted average overnight rate for borrowing transactions was -0.58% for the interbank sector and -0.56% for the wholesale sector, compared with -0.57% and -0.56% respectively in the previous maintenance period.

Secured market

In the second maintenance period of 2022, the borrowing turnover in the secured segment averaged 鈧�404 billion per day, while the total borrowing turnover for the period as a whole was 鈧�9,298 billion. Cash lending represented a turnover of 鈧�7,752 billion and the daily average amounted to 鈧�337 billion. Most of the turnover was concentrated in tenors ranging from overnight to up to one week, with overnight transactions representing around 27% and 23% of the total nominal amount on borrowing and lending side respectively. The weighted average overnight rate for borrowing and lending transactions was, respectively, -0.64% and -0.68% for the wholesale sector, compared with -0.63% and -0.68% in the previous maintenance period. In the second maintenance period of 2022, the weighted average rate for spot/next borrowing transactions ranged from -0.63% for operations based on collateral issued in Italy to -0.86% for operations based on collateral issued in Germany.