Interest rates on year-end long cash balances


Clearstream Banking1 would like to remind customers that over year-end, interest rates may be subject to unusually high volatility. As a result, negative interest rates in certain currencies may exceed usual levels. In line with current market practice, we reserve the right to charge negative rates on long balances based on prevailing market conditions.

Customers are asked to monitor their cash balances and ensure they remain within their normal levels. In the event that balances are in excess of normal business levels, and as a result of prevailing market conditions, we retain the right to apply an exceptional charge on these balances.

Further information

For further information, please contact Clearstream Banking Client Services or your Relationship Officer.


1. Clearstream Banking refers collectively to 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, and Clearstream Banking AG (for Clearstream Banking AG customers using Creation Accounts), registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.