Regulatory Alerts2000-01-27
Added
Circular Letter No. 4/2000/DMR: Deposit Certificates - Remuneration Rate
The Banco de Portugal sets the remuneration rate for Series B Deposit Certificates at 3% for the quarterly interest calculation period beginning on February 4, 2000. This directive applies to banks, Caixa Geral de Depósitos, Caixa Económica Montepio Geral, savings banks, the Central Credit Union for Mutual Agricultural Credit, and agricultural credit unions not belonging to the SICAM.
Banco de Portugal Circular Letter No. 4/2000/DMR, of 27-01-2000 SUBJECT: DEPOSIT CERTIFICATES - REMUNERATION RATE Following Circular Letter No. 347/DMR of 27.10.99, it is communicated that the remuneration rate for Series B Deposit Certificates, effective for the quarterly interest calculation period starting on February 4, 2000, is set at 3%.
Sent to: Banks, Caixa Geral de Depósitos, Caixa Económica Montepio Geral, Savings Banks, Central Credit Union for Mutual Agricultural Credit and Agricultural Credit Unions (not belonging to the SICAM).
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