12. Liquid Investments

	Group		RTÉ
	2022	2021	2022	2021
	€’000	€’000	€’000	€’000
Liquid investments - term deposits	60,772	38,892	60,772	38,892
Weighted average interest rate on term deposits	1.38%	(0.58)%	1.38%	(0.58)%

The Group’s exposure to interest rate risk, credit risk and a sensitivity analysis for financial assets and liabilities are disclosed in note 21.