Danmarks Nationalbank

06/06/2024 | Press release | Distributed by Public on 06/06/2024 09:06

Interest rate reduction

Danmarks Nationalbank lowers the current-account rate, the rate of interest on certificates of deposit, the lending rate and the discount rate by 0.25 percentage point with effect from 7 June 2024.

The interest rate reduction is a consequence of the reduction by the European Central Bank of its main monetary policy rate, the deposit facility rate, by 0.25 percentage point. Thereby, the monetary policy spread vis-á-vis the euro area will remain unchanged.

Effective from the above date, Danmarks Nationalbank's interest rates are:

Current-account rate: 3.35 per cent p.a.

Certificates of deposit rate: 3.35 per cent p.a.

Lending rate: 3.50 per cent p.a.

Discount rate: 3.35 per cent p.a.

Enquiries can be directed to press advisor Peter Levring on tel. +45 3363 6383.