Effective from 5 September 2014, Danmarks Nationalbank's interest rate on certificates of deposit is reduced by 0.10 percentage point. The lending rate, the current account rate and the discount rate are unchanged.
The interest rate reduction is a consequence of the reduction by the European Central Bank of its monetary policy rates by 0.10 percentage point.
In the current situation where the monetary policy counterparties have a large need to place funds at Danmarks Nationalbank, the monetary deposit rates determine the money market rates and the exchange rate.
Effective from the above date, Danmarks Nationalbank's interest rates are: Lending rate: 0.20 per cent Certificates of deposit: -0.05 per cent Current account: 0.0 per cent Discount rate: 0.0 per cent
The current account limits are unchanged at a total of 37.5 bn kroner.
Enquiries can be directed to Karsten Biltoft on tel. +45 3363 6021.