Clearstream introduces negative interest rate on positive HUF balances
1 September 2019
Clearstream Banking1 will apply negative interest to customer’s end-of-day account balances in Hungarian Forint (HUF) due to prevailing market conditions.
Impact on customers
Interest rate (%)
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.