Record Inflows into Short Term Deposits
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We have just taken a fresh look at inflows into daily payable retail deposits in Germany.
Main Findings:
– Daily payable retail deposits yield record inflows in November of EUR23bn
– Daily payable retail deposits push through EUR 1,000 bn threshold
– November is the months of highest seasonal inflows (ahead of holiday shopping season)
=> German savers stick to their liqudity preference
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