- Daily average borrowing turnover in the unsecured segment increased from €132 billion in the fifth maintenance period of 2020 to €135 billion in the sixth maintenance period of 2020
- Weighted average overnight rate on borrowing transactions in the unsecured segment decreased from -0.53% to -0.54% for the wholesale sector, and decreased from -0.55% to -0.57% for the interbank sector
- Daily average borrowing turnover in the secured segment increased from €350 to €360 billion, with a weighted average overnight rate of -0.54%
Data for daily average nominal borrowing and lending turnover in the secured and unsecured markets
Unsecured market
Data for weighted average rate for unsecured wholesale sector borrowing
In the sixth maintenance period of 2020, which started on 16 September 2020 and ended on 3 November 2020, the borrowing turnover in the unsecured segment averaged €135 billion per day. The total borrowing turnover for the period as a whole was €4,708 billion. Borrowing from credit institutions, i.e. on the interbank market, represented a turnover of €383 billion, i.e. 8% of the total borrowing turnover, and lending to credit institutions amounted to €374 billion. Overnight borrowing transactions represented 58% of the total borrowing nominal amount. The weighted average overnight rate for borrowing transactions was -0.57% for the interbank sector and -0.54% for the wholesale sector, compared with -0.55% and -0.53% respectively in the previous maintenance period.
Secured market
Data for weighted average rate for secured wholesale sector borrowing and lending
In the sixth maintenance period of 2020, the borrowing turnover in the secured segment averaged €360 billion per day, while the total borrowing turnover for the period as a whole was €12,606 billion. Cash lending represented a turnover of €10,493 billion and the daily average amounted to €300 billion. Most of the turnover was concentrated in tenors ranging from overnight to up to one week, with overnight transactions representing around 24% of the total nominal amount both on the borrowing and lending side. The weighted average overnight rate for borrowing and lending transactions was, respectively, -0.54% and -0.51% for the wholesale sector, compared with -0.53% and -0.50% in the previous maintenance period.
