|All Currencies||Benchmark rate + 12.99%|
Interest will be charged on debit balances in each sub currency-account. Debit interest will be accrued daily and will be charged to your account on a quarterly basis. Clients are responsible for the management of the different sub currency-account balances.
Benchmark rate = monthly average of one-month market indices: ESTR1Month (EUR), ICE LIBOR USD1Month (USD), SARON1Month (CHF), ASX Australian Bank Bill Short 1 Month (AUD), Canada Bankers Acceptances 1 Month (CAD), SONIA1Month (GBP), JIBA1Month (ZAR), STIB1Month (SEK), NIBOR1Month (NOK), CIBO01Month (DKK), EUYN01Month (JPY), HIHD01Month (HDK), BOFX1Month (THB), TELEBOR01Month (ILS), WIBO1Month (PLN), IN001Month (INR), SORACA1Month (SGD), BUBOR01Month (HUF), NDBB1Month (NZD), TRLIB1Month (TRY), SEDA1MRE (ISK), JIIN1Month (IDR), MXIBTIIE (MXN), BZDIOVRA (BRL), BUBR1Month (ROL), EIBO1Month (AED), SHIF1Month (CNH). Debit interest will be charged quarterly in arrears. In case of negative reference interest rates, a calculation basis of 0% is used.