Denmark: DKK credit balances subject to negative interest rates – new rate

Effective

8 September 2014

Customers holding DKK credit balances in Clearstream Banking¹ will be subject to a 0.15% negative credit interest rate per annum.

This interest rate applies as an amendment of previous announcement A14064, dated 5 May 2014, and as a direct result of Clearstream Banking being exposed to negative interest charges due to the recent change in Danish market conditions and the Danish Central Bank’s latest decision to cut the rate on certificates of deposits.

Customers should note that the credit interest rate may be subject to change without prior notice.

Further information

For further information, customers may contact Clearstream Banking Customer Service or their Relationship Officer.

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1. Clearstream Banking refers collectively to Clearstream Banking AG, registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in the Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500 (CBF) and Clearstream Banking, société anonyme, registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Register of Commerce and Companies under number B-9248.