4 May 2023

Danmarks Nationalbank raises the current-account rate, the rate of interest on certificates of deposit, the lending rate and the discount rate by 0.25 percentage point with effect from 8 May 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 0.25 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: 2.85 per cent p.a.

Certificates of deposit rate: 2.85 per cent p.a.

Lending rate: 3.00 per cent p.a.

Discount rate: 2.85 per cent p.a.

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