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A comment on Denmark's Jyske Bank lowers its negative rates on deposits.

Re:Denmark's Jyske Bank lowers its negative rates on deposits by benj111 on Saturday September 21, 2019 @10:55AM (#21035708)
If I lower the interest rate it goes down, if I lower a negative rate it goes up?

Either way, I was unsure which way rates had moved just from reading the title.

[ Parent | on HN ]
Re:Denmark's Jyske Bank lowers its negative rates on deposits by levthedev on Saturday September 21, 2019 @11:47AM (#21036008)
The interest rate on deposits was previously -0.6%, and now is -0.75%. Hope that clarifies if you were unsure.
[ Parent | on HN ]