SNB total sight deposits w-e 7 April
– domestic CHF 476.12bln vs 475.15bln prev
SNB still not too far away from the action.
Total sight depos inc other depos on sight in CHF. Sight depos are the accounts of commercial banks with the SNB and make up a large part of the banking system’s liquidity. The SNB increase sight deposits by FX swaps and repos of its own debt.