Despite the steady decline in Bond Rate Yields, the Board of Directors has decided to increase the AMFIE yields for the 1st quarter 2020.
Some banks in Luxembourg have even started to apply negative yields to deposit accounts in euros and Swiss francs to their retail clients.
Please find the returns on the savings accounts for the first quarter 2020:
| EUR | USD | CHF | GBP | CAD | AUD | DKK |
| 0,40% | 1,00% | 0,10% | 0,40% | 0,60% | 1,80% | 0,00% |
Members who are willing to place funds for a specified period of time can obtain higher yields through our AMFIE Flexible term-deposit accounts.
The following annual rates (per annum) on AMFIE Flexible term deposits have been offered since 2 January 2020:
| Rate | EUR | USD | GBP |
| 12 months | 1,00% p.a. | 2,00% p.a. | 1,00% p.a. |
0-18 Savings account
You can open a 0-18 savings account on your child’s behalf from birth and until their 18th birthday. The 0-18 savings account allows your child to boost their savings from a very young age.
| EUR | USD | CHF | GBP | CAD | AUD |
| 1,50% | 2,00% | 0,10% | 1,10% | 1,00% | 2,00% |