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A comment on Bank of Canada increases overnight rate target to 1 per cent. Parent comment

Re:Bank of Canada increases overnight rate target to 1 per cent by pjc50 on Wednesday September 06, 2017 @02:14PM (#15185838)
> keep an entry in a digital record

A record where, though?

Bank "clearing" means that ultimately a bank is keeping its money either with other banks or with the central bank. They're records, but not necessarily interest-bearing, and keeping it with other banks is not risk-free.

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Re:Bank of Canada increases overnight rate target to 1 per cent by SilasX on Wednesday September 06, 2017 @02:33PM (#15185998)
How about keeping it with the central bank?
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Re:Bank of Canada increases overnight rate target to 1 per cent by rjtavares on Wednesday September 06, 2017 @02:38PM (#15186037)
ECB deposit rates are also negative.

https://www.ecb.europa.eu/explainers/tell-me/html/what-is-th...

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