... offer rates around 16–24% per annum (depending on the term). According to the Bank of Russia, the weighted average rates for deposits of 6–12 months reached approximately... ... liquidity (after the deposit term). Their downsides include the need for term fixation and relatively high inflation, thus yielding modest real returns over a 2-3 year horizon... ... larger global economies. For example, the historical average yield of the S&P 500 (USA) is approximately 10% per annum (in dollars) over the long term. The advantage is...