Market Information Tuesday 16 September 2025

The European Central Bank is requiring smaller banks to set aside more provisions for long-standing bad loans, some dating back over six years. The new rules will be phased in through 2028 and apply only to loans issued before April 2019.

Donald Trump proposed that U.S. public companies should publish results only semi-annually and annually instead of quarterly. He argued this would save costs and allow managers to better run their businesses. He also urged the Federal Reserve to cut interest rates immediately and more sharply, claiming it would boost the housing market.

The euro lost around 0.2% against the dollar, pound, and yen on Monday after Fitch downgraded France’s credit rating of AA- to A+ due to rising debt. Investors are now focused on key central bank policy meetings, with the Federal Reserve’s decision in the spotlight. Despite fiscal concerns, the euro remains supported by expectations of Fed easing and limited scope for further ECB rate cuts.

The 6M Euribor decreased with 1 basis point to 2.11% compared to previous business day. The 10Y Swap decreased with 2 basis points to 2.65% compared to previous business day.

In the attachment, today’s market data on money and capital market rates as well as other rates are presented.