Interest rates on quarter-end long cash balances


Clearstream Banking1 reminds clients that over quarter-end, interest rates may be subject to unusually high volatility. In line with current market practice we reserve the right to charge negative rates on long balances based on prevailing market conditions.

Clearstream Banking requests clients 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, clients 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 clients 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.