Press release
ON 3 FEBRUARY ON INTEREST RATE INCREASE
The discount rate is raised by 0.25 per cent to 3.25 per cent. Likewise the rate of interest on the banks' current accounts with the Nationalbank is raised by 0.25 per cent to 3.25 per cent. The Nationalbank's lending rate and the rate of interest on certificates of deposit are raised by 0.30 per cent to 3.60 per cent. The increase will have effect as from 4 February 2000.
The interest rate increase should be viewed against the background of the European Central Bank's raising of interest rates.
For further information please contact Bjarne Skafte on tel.:(+45) 33 63 60 21.
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Version 1.0 March 2000 Nationalbanken.
Published by Danmarks Nationalbank March 2000, http://www.nationalbanken.dk