Market Insights
Market Information Tuesday 30 January 2024
According to the latest figures from the Dutch Central Bank, it appears that household bank balances have significantly increased in the past year. In 2023, balances have risen by nearly €15 billion.
A court in Hong Kong ordered the liquidation of real estate giant China Evergrande Group on Monday. The Chinese real estate developer, with over $300 billion in debt, failed to submit a suitable restructuring plan after months of delays.
The number of individuals unfit for work in the Netherlands is on the rise compared to the previous year. The Dutch Employee Insurance Agency anticipates handling 852,800 disability benefits this year, as opposed to 840,100 in the preceding year.
The 6M Euribor decreased with 4 basis points to 3.87% compared to previous business day. The 10Y Swap decreased with 6 basis points to 2.62% 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.