German corporate short-term time deposit transactions
German corporate short-term time deposit transactions stood at -8.1 EUR billion in Q2 2026, according to Deutsche Bundesbank. It is one of the indicators in the Non-financial corporations' financial accounts table (Value · Quarterly), with a complete series running from Q1 1999 to Q2 2026. The complete series with an interactive chart, free to download.
This indicator in the Non-financial corporations' financial accounts table
| Indicator | Q2-2026 | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Other deposits | -7.9 | -0.4 | 4.1 | 14.7 | -15 | -3.6 | 2.6 | 10.2 | -12.3 | 17.5 | |
| Time deposits | -8.5 | -0.3 | 4.4 | 14.8 | -15 | -3.9 | 2.7 | 9.8 | -12.9 | 17.3 | |
| Short-term time deposits | -8.1 | -0.4 | 5.1 | 14.9 | -13.8 | -5 | 3.6 | 8.8 | -13.3 | 18.1 |
Understanding german corporate short-term time deposit transactions
Fixed-term banking placements with brief contractual maturities capture net quarterly corporate additions to short-dated deposit accounts. Non-financial enterprises place funds in these facilities for predetermined intervals, agreeing to lock in balances until an agreed maturity date. This series differs from sibling rows tracking longer-term time deposits by isolating commitments with short horizons, and it differs from savings deposits because the funds are bound by a fixed expiry date rather than an ongoing notice period. Operational checking accounts are excluded, as these term contracts cannot be drawn directly for daily payment execution without prior contract termination.
Sensitivity to prevailing money-market yields and cash management scheduling shapes the trajectory of these short-dated placements. Enterprises routinely reallocate liquid balances between non-interest bearing sight accounts and short-term deposits as interest differentials fluctuate over time. Predictable quarterly swings commonly reflect fiscal payment dates, dividend distribution calendars, and balance-sheet adjustments before annual reporting closes. Contrasting the same quarter across successive years helps filter out these recurring seasonal liquidity patterns from broader changes in financing posture. Early statistical estimates undergo routine revision as secondary enterprise questionnaires, cross-border banking data, and institutional classifications are finalized.
Frequently asked questions
- How do short-term time deposits differ from corporate savings deposits?
- Time deposits commit funds for a fixed contractual duration agreed upon at opening, whereas savings deposits operate without an expiration date and instead require advance notification before funds can be redeemed.
- What determines whether a corporate time deposit is classified as short-term?
- Classification depends on the agreed contractual tenor at inception, grouping deposits with maturities up to a standardized threshold separately from extended-tenor facilities.
- Can non-financial corporations access short-term time deposits before the agreed maturity?
- Early redemption typically requires renegotiating terms with the credit institution or incurring interest penalties, distinguishing these contracts from demand deposits intended for continuous transactional clearance.