Great news! Now the interest rates on the non-trading D-account of Freedom Finance Global PLC are even higher!
The yield on available free account balances in dollars will be determined at SOFR rates. The yield in euros – at EURIBOR rates.
How much is it? As of January 24, 2024, the rates are as follows:
✅ Up to 5.4% per annum in USD
✅ Up to 3.6% per annum in EUR.
Income on the D-account is generated from the broker's Repo transactions made using client funds placed on the D-account in accordance with the provisions of Annex 6 to the Brokerage (Agency) Services in the Securities Market Regulations.
You can also open an INVEST CARD of Freedom Bank* linked to the D-account. This way you can pay with money from your D-account all over the world. The card can be linked to Apple Pay, Google Pay or Samsung Wallet.
What are SOFR and EURIBOR?
– SOFR is the daily Secured Overnight Financing Rate. It is published on the website of the Federal Reserve Bank of New York.
– EURIBOR is the Euro Interbank Offered Rate. It is provided by the European Money Markets Institute.
Freedom Bank – BANK FREEDOM FINANCE KAZAKHSTAN JSC. BIN 090740019001. THE AGENCY OF THE REPUBLIC OF KAZAKHSTAN FOR REGULATION AND DEVELOPMENT OF FINANCIAL MARKET LICENSE No. 1.2.108/43/250 DATED FEBRUARY 01, 2023.
Freedom Finance Global PLC (ffin.global) is a company incorporated and operating according to the regulations and rules of the Astana International Financial Centre (AIFC). The company carries out the following regulated activities: (a) dealing in investments as principal and as agent; (b) managing investments; (c) advising on investments; (d) arranging deals in investments and (e) managing a collective investment scheme under the License of the Astana Financial Services Authority: AFSA-A-LA-2020-0019 dated November 21, 2023. This material is intended for general public and is a Financial Promotion without an expiration date. This material does not constitute individual investment advice for entering into transactions with securities or any other financial instruments. Holding securities and other financial instruments is always associated with risks (detailed information about the risks associated with investing in financial instruments is disclosed in the Risks Disclosure Statement (Annex 4 to the Regulations on provision of brokerage (agency) services on the securities market)). The Company does not guarantee or promise future returns on investments, does not guarantee the reliability of possible investments and the stability of possible income levels.