(CFD) Negative Interest on Japanese YEN  Blog, POEMS  April 14, 2020

Following Phillip Securities Pte Ltd’s review of the prevailing interest rate environment, please be informed that the negative interest rate on margin excesses of 0.3% p.a. in Japanese Yen will apply with effect from 17 April 2020 instead of 15 April 2020 on all CFD accounts. Please be informed that rates are subjected to change from time to time without prior notice.