Declining interest rate gains by locking in savings

Danish individuals' interest on deposits that are tied up for shorter or longer periods averaged 0.22 percent in July. The interest rate on this type of deposit has fallen by 1.1 percentage points since the beginning of 2015. By comparison, the Danish monetarypolicy interest rates have remained unchanged since the beginning of 2016.
Subject Financial statistics
Type Banking and mortgage lending, interests
Period July 2019
Published 27 August 2019

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