Denmark: Danish National Bank - new interest rate on deposits
Effective
6 February 2015
customers holding DKK credit balances in Clearstream Banking1 will be subject to a 0.90% negative credit interest rate per annum.
Impact on Customers
This interest rate applies as an amendment of previous announcement A14115, dated 3 February 2015, and as a direct result of the Danish Central Bank’s most recent decision to further cut the deposit rate.
Customers should note that the credit interest rate may be subject to change without prior notice.
Further information
For further information, customers may contact Clearstream Banking Client Services or their Relationship Officer.
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1. Clearstream Banking refers collectively to Clearstream Banking AG, registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500, and Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248.