Overnight Interest Rate 2010

What is day money accrue in the financial crisis? Day money rates and the year 2010 or 2011? Many doubt here rightly. How much is the day money rates in 2010? Unfortunately there was this financial crisis in 2008, 2009 and 2010 and as interest rates have been reduced by the ECB. Interest rates have been reduced and the banks to refinance so better. The improved refinancing possibilities must banks offer interest rates not so high, but couldn’t refinance at the Central Bank. For this reason, have fallen extremely day money interest rates and are currently less than 2 percent. That continue to insist on high interest rates there, only a few providers. But why have the banks to offer high interest rates? Of course, they need liquidity.

But not only the liquidity is correct, but also the new customer. By high interest rates, you can win new customers, which make other investments in claim and then also borrow. The acquisition of new customers is becoming increasingly important for many people. Because only by attracting new customers, you can Indeed, to that you reach young customers and therefore also binds. Fixed-term deposits is slightly better interest, you must bind his money but very long. Many people shy away from so long to bind their money, because they want to buy at some point a car or a House. More at