In fact, deposits are not perfect either: they too can suddenly evaporate (just ask Northern Rock) and they suffer from a maturity mismatch with long-term assets such as mortgages.
Even though the deposits are short-term and the depositor can get the money at any time, the depositor is earning interest of a level that can only be made on long-term loans.
即使是短期存款，存款人可以随时取走存款，存款人也可获取仅从长期贷款中，才可得到的利息水平。
3
It has improved its funding profile, too, replacing tens of billions of short-term debt with long-term debt and deposits.