Negative interest rates
1 year ago
16
When interest rates are negative, lenders pay borrowers for holding debt. This means that someone gets paid interest for holding a loan, such as a mortgage or personal loan. As such, banks lose out while borrowers benefit. Savers, on the other hand, lose out. Countries with Negative Intrest Rates 2024
Switzerland. Switzerland's interest rate currently sits at -0.75%. ...
Denmark. The Central Bank of Denmark has set the primary interest rate in Denmark to -0.60%, an increase from its previous -0.75% rate. ...
Japan. Japan is the third and final country to have negative interest rates.
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