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