SNB total sight deposits w.e. 7 April CHF 532.2 bn vs CHF 563.6 bn prior

  • Latest data released by the SNB - 11 April 2023
  • Domestic sight deposits CHF 499.4 bn vs CHF 528.8 bn prior

After the significant jump higher in sight deposits two weeks back (as seen below), due to Swiss banks taking up liquidity from the central bank, we are starting to see the levels fall back drastically in the past week. That's perhaps a good sign that squeeze on domestic banks has abated.

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