Analysts noted an increase in demand for annual deposits

Demand for annual deposits reached a record 20.4% in May, updating the maximum since the beginning of the year. At the same time, short-term deposits (for 3 and 6 months) are still in the lead, but interest in annual and long-term products is gradually growing, according to a study by analysts at the <url> financial marketplace. The results were reviewed by Izvestia on June 23.

Three—month deposits are the most popular (32% of demand), followed by six-month deposits (26.1%) - their share increased compared to April (+2 percentage points) and March (+1 percentage point).

Demand for annual deposits increased to 20.4% in May (+1.5% compared to April). Analysts predict further growth: in June, their share may reach 21-22%, and deposits for more than a year — 12-15%.

Additional conditions most often include a monthly interest payment (35%), deposit replenishment (23.3%), and interest capitalization (20.7%, +1.2% per month).

Experts expect that demand for short-term deposits will decrease in the summer, while the share of annual and long-term deposits will continue to grow, especially if the trend towards monetary policy easing continues.

By the rate order: deposit profitability returned to the level of August 2024

They dropped below 19%, as the market prepares for an early decline in key

Earlier, on June 10, Fyodor Sidorov, a private investor and founder of the School of Practical Investment, told Izvestia that the choice of an investment tool critically depends on the time period: some options are beneficial only for a short distance, others for a long game. According to him, bank deposits remain attractive for short-term investments. Despite the reduction of the key rate to 20%, deposits bring in 16-19% per annum. The shorter the term, the higher the yield.