Swiss authorities have announced how much interest UBS and Credit Suisse will have to pay on the 250 billion Swiss francs granted by Bern to rescue the troubled bank, Reuters reported.

Credit Suisse will have to pay an interest rate of 1.5 percent plus 0.5 percent to access the emergency liquidity assistance scheme, the country's central bank announced.

Credit Suisse said earlier this month it intended to borrow up to 50 billion francs from the scheme, which requires loans to be backed by assets such as mortgages and securities.

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As part of the operation to rescue Credit Suisse, the two banks also received access to up to 100 billion francs of additional liquidity.

Central bank aid is granted to banks with an interest rate of 3 percent, BTA reported.

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