The Met also draws from private collections placed on long-term deposit with the museum.

I got the impression it wasn't intended as a long-term deposit.'

Ratings on the bank subsidiary's long-term deposits and debt fell to Aa-3, from the highest level of Aaa.

That position established, de Silveira went on to check the bank's reserves, long-term deposits, overseas commitments, and estimated oil revenues for the next five years.

The financing package came after Uruguayan lawmakers approved legislation that would prevent certain long-term deposits from being withdrawn for three years.

In this way the Bundesbank hoped to reduce the rate of growth of M3 which comprises short-term, but not long-term deposits.

The bank ratings are a notch higher, at A-2 for long-term deposits and P-1 for short-term deposits.

The main contributors to the Fund have been UK Housing Associations through long-term deposits.

The bank's long-term deposit rating and its rating on medium-term notes was reduced to Baa-2, from Baa-1, by Moody's.

Last week the rating agency said it was lowering the rating on Sumitomo's long-term deposits by two notches, to AA3.

The agency Moody's Investors Service: Long-term deposit rating - Ba2, outlook "stable."

Citibank's Aa-2 rating for long-term deposits is under review, but not the bank's Prime-1 rating for short-term deposits.

Apple's long-term deposits of more than a year were reduced to a speculative grade of Ba-1, from the investment grade rating of Baa-3.

When the Bundesbank last reduced its key rates on May 11 it said that it wanted to encourage investors to make long-term deposits and thereby reduce liquidity.

Resona Bank and Saitama Resona Bank have long-term deposit ratings of Baa3.

It affirmed Citicorp's senior debt rating at A-1, but downgraded to Aa-2, from Aa-1, the long-term deposits of its Citibank subsidiary.

Moody's lowered ratings on its long-term deposit obligations and issues backed by letters of credit to A-1, from Aa-3, but left the commercial paper rating of Prime-1 unchanged.

The lowest deposit rating went to the Gibraltar Savings Association, of Houston, rated Caa on its long-term deposits and Not Prime on its short-term deposits.

Short-term deposits at Citibank were unchanged at Prime-1, the highest rating, but ratings were reduced slightly for long-term deposits due in more than a year and all other categories of debt.

One result is that higher rate taxpayers are switching their long-term deposits to tax free National Savings or to the taxable unit trust money funds such as Fidelity Cash, which pays 9pc gross.

The long-term deposit rating of the Dime Savings Bank of New York has been lowered by Moody's Investors Service as a result of a rise in delinquent residential property loans.

The feeling among a few bank officials, like David J. Totaro, senior vice president and director of marketing at Dollar Dry Dock Savings Bank, is that savers, anticipating rate increases, are holding off on long-term deposits.

Cash does not include any money or value owned by the business that cannot be accessed quickly - eg long-term deposits that cannot be quickly withdrawn, money owed to your business by customers, stock or assets.

Of the 29 rated, First Nationwide Bank, San Francisco, a unit of the Ford Motor Company, received the highest deposit rating of the group, with a rating of A-1 for long-term deposits and Prime-1 for short-term deposits.

However, they tend to fit in a fixed order: the least risky instruments, such as Treasury bonds, yield the least, then safe and "guaranteed" instruments like long-term deposits, then overnight deposits, and so on to the various municipal bond and corporate bonds.