you have to wonder if they are comparing similar terms.
Taken literally this means that the figures ignore how long the fix rate is for. It wouldn't surprise me if fixed rates are unpopular in Ireland and when taken out are for relatively short terms (due to the memory of how risky a long term deposit felt a couple years ago). It also wouldn't surprise if on the other hand Dutch savers will put money away for a longer time.In Ireland, the average rate on new fixed rate household deposits in March 2016
I'm lost.
The Irish Times article seems to mix up average new household term deposit rates with maximum overnight rates in the same article.
I suspect the rates on outstanding term deposits and overnight (instant access) rates here are still well above the EZ average.
RaboDirect no longer offer instant access rates @ 1% as suggested so I'm not confident about the accuracy of the analysis presented. Are we being given a balanced picture or is this an exercise in data mining to justify a headline?
Many of the higher French rates in Ciaran's link only appear to apply to limited amounts but I'm afraid my French isn't up to figuring out what other terms are applicable to these deposits (term, penalties for early withdrawal, charges, etc.).
They do but that will change on 31/05/2016
Why, what's going to happen at the end of the month?
Their reducing the rate to 0.60% but currently it's 1% which would apply to when this survey was taken and so is accurate imo
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