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.

Please be informed that rates are subjected to change from time to time without prior notice. Updated 6th Jan 2022, 2:15pm