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As part of the month end procedures, the Finance Division will credit the interest due to any trust fund accounts holding money on deposit. This credit will appear in the trust fund account against the transaction code NBAA, and will be available to spend or reinvest.

The interest rate varies from month to month as interest rates fluctuate, based on market interest rates. However, trust funds do receive interest at the higher rate within the University.

Details of the current interest rates are available from the Finance Division web pages.

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