Change on negative interest rate on end-of-day long balances in Euro (EUR)
1 September 2019
Clearstream Banking1 will reduce the current threshold of EUR 150 million to EUR 100 million and adjust the negative interest rate on end-of-day long balances exceeding EUR 100 million.
Impact on customers
For end-of-day long balances exceeding EUR 100 million, the interest rate will be -0.8%. For end-of-day balances of EUR 100 million and below, the rate remains at -0.60%.
Customers should note that the negative interest rate on long balances may be subject to change without prior notice.
For further information, customers may contact Clearstream Banking Client Services or their 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.