- Domestic sight deposits CHF 444.8 bn vs CHF 434.9 bn prior
Once again, Swiss sight deposits are seen jumping higher in the past week with many financial institutions seeking to avoid negative rates. After the rate cut last month, the Swiss Average Rate Overnight (SARON) has fallen to hover around -0.03% and -0.04%. So, putting reserves back at the central bank has become a popular option again.
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