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Dear Participants,
The Depósito Central de Valores (DCV) informs, in accordance with the provisions of number 19.12 of its Internal Regulations, that DCV’s Board of Directors, in its board meeting held last Tuesday, May 25th, 2021, agreed to implement a differentiated discount on the rate of the depository service of dematerialized issuances issued by the Central Bank of Chile (BCCH), detailed in number 19.3.5.2.1., No. 4 of DCV’s Internal Regulations. This discount will be calculated based on the nominal value, expressed in unidades de fomento, deposited in the accounts of each participant (user of the service) and will be applied according to the following tranche structure:
Differentiated discount
| Nominal Amounts Deposited (Expressed en UF) | |||
| From | Up to | % Discount | Final Rate |
| 0 | 20.000.000 | 0% | 0,00050%; |
| 20.000.000 | 40.000.000 | 35% | 0,00033% |
| More than 40.000.000 | 65% | 0,00018% | |
This discount will take effect from the invoice of May 2021; it will be applied monthly, and its permanence will be evaluated according to the development of the special measures program implemented by BCCH.
Without further ado, sincerely,
DEPÓSITO CENTRAL DE VALORES S.A.,
DEPÓSITO DE VALORES
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