Interest rate increase

Authors Danmarks Nationalbank
Subject Press releases from Danmarks Nationalbank
Type Press Releases  
Year 2022
Published 21 July 2022
Abstract icon ​Danmarks Nationalbank raises the current-account rate, the rate of interest on certificates of deposit and the lending rate by 0.50 percentage point with effect from 22 July 2022.

21 July 2022

Danmarks Nationalbank raises the current-account rate, the rate of interest on certificates of deposit and the lending rate by 0.50 percentage point with effect from 22 July 2022.

The interest rate increase is a consequence of the increase by the European Central Bank of its main monetary policy rate, the deposit facility rate, by 0.50 percentage point. Thereby, the monetary policy spread vis-à-vis the euro area will remain unchanged.

Effective from the above date, Danmarks Nationalbank's interest rates are:

Current-account rate: -0.10 per cent p.a.

Certificates of deposit rate: -0.10 per cent p.a.

Lending rate: 0.05 per cent p.a.

Discount rate: 0.00 per cent p.a.

Enquiries can be directed to press advisor Ole Mikkelsen on tel. +45 3363 6027.