German household short-term time deposits transactions
German household short-term time deposits transactions stood at 1.1 EUR billion in Q1 2026, according to Deutsche Bundesbank. It is one of the indicators in the Household financial accounts table (Value · Quarterly), with a complete series running from Q1 1999 to Q1 2026. The complete series with an interactive chart, free to download.
This indicator in the Household financial accounts table
| Indicator | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | Q4-2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Other deposits | 4.8 | 3.9 | -6.9 | -9.7 | -11.7 | -17.1 | 19.5 | 33.7 | 64.1 | 75.5 | |
| Time deposits | 5.9 | 6.4 | -3.5 | -6.9 | -3.7 | -1.1 | 21.9 | 36.1 | 60.4 | 48.4 | |
| Short-term time deposits | 1.1 | 1.1 | -11.6 | -8.3 | -3.4 | 5.8 | 18.5 | 27.2 | 48.9 | 43.6 |
Understanding german household short-term time deposits transactions
Short-duration fixed deposits with an original agreed lock-up term of up to one year are isolated in this transaction stream. It measures net placements into or redemptions from term accounts that mature within twelve months of inception. The series excludes long-term time deposits that exceed one year in duration, all notice-period savings books, and transaction accounts. By isolating short-horizon contracts, the row captures agile cash management strategies where households lock up surplus funds for limited intervals without committing to multi-year depository locks.
Because short-term contracts turn over rapidly, transaction volumes display substantial quarterly volatility. Flows in this category react promptly to shifts in short-term interest rates offered by commercial lenders. Period-on-period comparisons often reflect contract roll-over timing rather than persistent changes in financial saving, making comparisons against the corresponding quarter of the previous year a more honest guide. Analysts should note that when maturing short-term contracts are re-invested into multi-year facilities, offsetting negative entries appear here alongside positive entries in long-term series. Early estimates are revised as commercial banking data are finalised.
Frequently asked questions
- What maturity boundary separates short-term from long-term time deposits?
- Short-term time deposits carry an initial agreed contractual duration of up to one year, whereas long-term deposits have original maturities exceeding one year.
- What causes sharp quarterly reversals in short-term deposit transactions?
- Because contracts expire within twelve months, concentrated waves of maturing deposits can outweigh new deposits in a given quarter.
- Are interest payments included directly within this transaction series?
- Capitalised interest credited to the deposit balance is recorded as a transaction, whereas interest disbursed to external checking accounts is not retained here.