Circular Letter N° 336 “Differentiated Discount to be applied in the rates of the depository service of dematerialized issuances issued by the Central Bank of Chile”

Circular Annex Date Reference Status Download
336 No 05.27.2021 Differentiated Discount to be applied in the rates of the depository service of dematerialized issuances issued by the Central Bank of Chile Valid No

 

DEPÓSITO CENTRAL DE VALORES S.A.,
DEPÓSITO DE VALORES

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 in 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.

PFor more information, we invite you to contact the
Customer Service Desk, MAC

This email address is being protected from spambots. You need JavaScript enabled to view it.  +56 223 939 001

 

Without further ado, sincerely,       

DEPÓSITO CENTRAL DE VALORES S.A.,
DEPÓSITO DE VALORES

Centro de Noticias

 


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