Denmark Financing at Negative Interest Rates

By John Acher and Ole Mikkelsen

* Central bank cuts main policy rate by 25 bps to 0.20 pct
* Cuts CD rate by 25 bps to negative 0.20 pct
* Keeps current account rate unchanged at 0.0 pct
* Lifts current account limits (Adds details, quotes and background)

Copenhagen , July 5 (Reuters) – Denmark’s central bank cut interest rates by a quarter point on Thursday, shadowing the European Central Bank’s action earlier in the day, in a historic move that put one of its secondary rates below zero for the first time.

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