Jyske Bank, the third-largest bank in Denmark, announced that it would lend homebuyers at an interest rate of -0.5% for a 10-year mortgage.        

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  • ‘Greater fool’ theory drives weird world of negative yields
    Jyske Bank, a highly respectable Danish financial institution, is offering its domestic customers 10-year euro mortgages at a rate of minus ... Welcome to the weird world of negative interest rates.
    08/23/2019 - 12:40 am | View Link
  • A Danish bank is launching a 0.6% negative interest rate on its savings accounts for millionaires
    Customers of Jyske Bank who have deposits over 7.5 million Danish krone ($1.1 million) will see their savings decline by 0.6% a year, at least $6,600.
    08/20/2019 - 10:45 pm | View Link
  • The upside-down economy: Some banks want the rich to pay to deposit money
    The typical banking relationship looks something like this: Banks pay ... that the negative interest rates in Denmark could last for several years. This month, the Danish lender began offering an ...
    08/20/2019 - 7:01 am | View Link
  • Danish Bank Will Start Charging Wealthy Clients for Their Deposits
    Photographer: Luke MacGregor/Bloomberg Photographer: Luke MacGregor/Bloomberg The first bank in the world to offer 10-year mortgages with negative interest is now planning to charge wealthy customers ...
    08/19/2019 - 7:22 pm | View Link
  • Negative Mortgages Set Another Milestone in No-Rate World
    Photographer: Daniel Acker/Bloomberg Photographer: Daniel Acker/Bloomberg The world’s headlong dash to zero or negative interest rates just passed another ... Nordea Bank Abp, meanwhile, is offering ...
    08/17/2019 - 6:00 pm | View Link
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