(CFD) Negative Interest on YEN and EUR Blog, MSF, POEMS May 12, 2021
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 June 2021 on all CFD accounts as follow:
|Currency||Negative interest rate on Credit Balance (Existing)||Negative interest rate on Credit Balance (NEW)|
|YEN||0.3% p.a.||0.35% p.a.|
Please be informed that rates are subjected to change from time to time without prior notice.
Updated 12th May 2021, 1:26pm