Czech Republic: Negative interest rate on long balances in CZK
Effective
14 March 2016
Clearstream Banking1 will apply a negative interest rate on long balances in Czech Koruna (CZK) due to recent developments in the Czech money markets.
Impact on customers
The negative interest rate on long balances in CZK will be -0.4%
Customers should note that the negative interest rate on long balances 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.