SNB total sight deposits w.e. 17 November CHF 476.9 bn vs CHF 476.3 bn prior

• Domestic sight deposits CHF 467.7 bn vs CHF 467.5 bn prior

Little change in overall sight deposits and things look to be stabilising as the SNB moves to the sidelines in terms of policy. As such, there is no need to tweak the levels all too much to adjust the SARON accordingly.