12. Liquid Investments
| Group | RTÉ | ||
| 2021 | 2020 | 2021 | 2020 |
| €’000 | €’000 | €’000 | €’000 |
Liquid investments - term deposits | 38,892 | 10,000 | 38,892 | 10,000 |
Weighted average interest rate on term deposits | (0.58)% | (0.53)% | (0.58)% | (0.53)% |
The Group’s exposure to interest rate risk, credit risk and a sensitivity analysis for financial assets and liabilities are disclosed in note 21.