Given the drop in depos and rising interest rate spread, I would expect that part of the money has been channeled to securities (especially greek t-bills, yielding > 2%). BoG tracks such numbers, but with a substantial lag, so this will remain just a hunch for some time.
As for the link, I can only tip my hat in appreciation. 🎩
In the flow of funds data, right? Yes, that will be interesting to see when it comes out for the first quarter.
Correct (and yes, the numbers are quarterly, I had forgotten about that).
Hey Marcus, well-documented as always.
Given the drop in depos and rising interest rate spread, I would expect that part of the money has been channeled to securities (especially greek t-bills, yielding > 2%). BoG tracks such numbers, but with a substantial lag, so this will remain just a hunch for some time.
As for the link, I can only tip my hat in appreciation. 🎩