16 March 2023

Danmarks Nationalbank raises the current-account rate, the rate of interest on certificates of deposit, the lending rate and the discount rate by 0.50 percentage point with effect from 17 March 2023.

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-á-vis the euro area will remain unchanged.

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

Current-account rate: 2.60 per cent p.a.

Certificates of deposit rate: 2.60 per cent p.a.

Lending rate: 2.75 per cent p.a.

Discount rate: 2.60 per cent p.a.

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