National Bank of Denmark announcement
Danmarks Nationalbank issued a press release informing that:
Effective from 30 January 2015, Danmarks Nationalbank’s interest rate on certificates of deposit is reduced by 0.15 percentage point to -0.50 per cent.
The lending rate, the discount rate and the current account rate are unchanged.
The interest rate reduction follows Danmarks Nationalbank’s purchase of foreign exchange in the market.
Danmarks Nationalbank’s interest rates are:
Lending rate: 0.05 per cent.
Certificate of deposit rate: -0.50 per cent.
Current account rate: 0.00 per cent.
Discount rate: 0.00 per cent.
Source: Danmarks Nationalbank – Interest Rate Reduction
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