We look at instruments available in the Saxo Platform, which can be helpful investments as Danish banks are looking to apply negative interest rates on clients’ accounts.
Danish banks are applying a negative interest rates on accounts which have balances over 100.000 kroner, decreasing the limit from 250,000 kroner.
Many are wondering what to do with excess cash and are looking at places where to invest. We want to make that search easy providing an inspirational list of assets available in the Saxo Platform that could prove helpful.
Available funds in Danish Krone
Investing in funds could be an efficient way to diversify one’s portfolio and to park money. Funds are instruments that generally do not suffer of liquidity issues, therefore in case of need they can be sold quite easily. Below you will find a list of DKK funds that are available on the Saxo Platform.
Available bonds in DKK, EUR and USD
For those looking to park money in the mid-term (three to five years), bonds can prove to be effective instruments. Unfortunately the choice is not vast in DKK, however investors might be willing to look at options in Euro and US dollar. Below you will find a list of very well-known names that can be prove helpful in your search.
Please note that all the instruments above carry risk. Rising interest rates might cause prices to fall and defaults, albeit rare, can always occur. The above does not constitute as advice.