Fixed-term deposits offer varying returns for savers in Argentina and Spain

In Argentina, fixed-term deposits are seeing an average Annual Nominal Rate (TNA) of approximately 37%. For an investment of 1,000,000 pesos over 30 days, the expected monthly return is roughly 3.04%, resulting in a total of 1,030,410 pesos. Financial experts advise investors to compare these yields against projected monthly inflation to ensure capital preservation.

In Spain, specifically within the Navarra region, savers are utilizing fixed-term deposits to protect capital against inflation, supported by attractive interest rates from the European Central Bank. While many deposits remain in non-remunerated accounts, options like Caja Rural de Navarra’s hybrid model offer a split investment: 50% in a 12-month fixed-rate deposit at 3% TIN and 50% in a moderate-profile investment fund. These products offer predictability and protection via the Deposit Guarantee Fund, though they require liquidity to be tied up for the agreed period.