A decline in real interest rate on fixed-term deposits

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Title: A decline in real interest rate on fixed-term deposits
Author: Toivanen, Mervi
Series: Bank of Finland. Financial market report
Series number: 3
Year of publication: 2008
Publication date: 10.10.2008
Pages: 5-6
Keywords: talletukset; tuotot; Suomi; määräaikaistalletukset
Abstract: Banks advertise their offerings of fixedterm deposits with attractive interest rates. They promise to pay attractive interest on deposits held for long periods. But rising inflation lowers the real yield on fixedterm deposits.
Rights: https://helda.helsinki.fi/bof/copyright


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