(CFD) Negative Interest on YEN and EUR Blog, MSF, POEMS January 6, 2022
Following Phillip Securities Pte Ltd’s review of the prevailing interest rate environment, we would like to inform that changes in negative interest on credit balances in YEN & EUR currency will apply with effect from 1 February 2022 on all CFD accounts as follow:
Currency | Negative interest rate on Credit Balance (Existing) | Negative interest rate on Credit Balance (NEW) |
YEN | 0.35% p.a. | 0.50% p.a. |
EUR | 0.35% p.a | 0.50% p.a. |