Cost overview
| NPEX account | Free |
|---|---|
| Cash withdrawal/deposit | Free |
| Registration fee for issue | 1% – once per issue, unless a different rate is explicitly stated 0,5% – once per issue for subscriptions to share certificates from €500.000 |
| Service fee | Monthly 0,05% / annually 0,6%* |
| Conversion costs | €5 plus 1% of the value of the convertible securities with a maximum of €1.000** |
| Exercising option rights |
€5 plus 1% of the value upon exercise of the securities to be acquired with a maximum of €1.000** |
| NPEX stock exchange transaction fees | 0,5% per transaction*** |
* Rates applicable to new issues from September 1, 2016 on bonds and (certificates of) cumulative preference shares.
** Rates applicable to new issues from January 1, 2021. Costs are per conversion transaction for convertible bonds or exercise of warrants.
*** Not applicable to open-end funds; trading is free of charge. As of April 3, 4, the minimum amount of € 2023 per transaction has expired.
Explanation of the costs for you as an investor
We are clear and transparent about our rates. You can open an account with us as a private individual or as a company (business). This NPEX account is free.
The registration fee for issues is a one-off 1% of the registered amount.
The service costs for bonds are 0,05% monthly on the nominal value of the bond and are offset against the (monthly) interest payment.
Depositing and withdrawing money is free. You will not receive any interest for holding money in your NPEX account.
Do you buy or sell your securities on the NPEX stock exchange? For transactions on the NPEX stock exchange you pay 0,5% transaction costs. However, trading in open-end funds is free of charge.
Calculation example bond loan
Emission costs
NPEX charges 1% issue costs. If you buy a bond with a nominal value of €1.000, you pay €1.000 + €10 = €1.010.
Monthly service costs
To hold a bond in your NPEX account, you pay a monthly service fee of 0,05%. The service costs are offset against the monthly interest to be received.
With a nominal value of € 1.000 per bond, you pay 0,05% x € 1.000 = € 0,50 in service costs. Example: Suppose the monthly coupon interest is €5,00 gross, then you will receive €5,00 – €0,50 = €4,50 per month.
In the overview below you can find the monthly gross and net coupon interest at the different annual interest rates.
| Interest per year | Nominal €1.000 Gross coupon interest per month |
Nominal €1.000 Net coupon interest per month |
Nominal €100 Gross coupon interest per month |
Nominal €100 Net coupon interest per month |
|---|---|---|---|---|
| 7% | € 5,84 | € 5,34 | € 0,58 | € 0,53 |
| 7,5% | € 6,25 | € 5,75 | € 0,63 | € 0,58 |
| 7,75% | € 6,46 | € 5,96 | € 0,65 | € 0,60 |
| 8% | € 6,67 | € 6,17 | € 0,67 | € 0,62 |
| 8,25% | € 6,88 | € 6,38 | € 0,69 | € 0,64 |
| 8,5% | € 7,09 | € 6,59 | € 0,71 | € 0,66 |
| 9% | € 7,50 | € 7,00 | € 0,75 | € 0,70 |
| 9,25% | € 7,71 | € 7,21 | € 0,77 | € 0,72 |
| 9,5% | € 7,92 | € 7,42 | € 0,79 | € 0,74 |
