Market Information Wednesday 12 February 2025

The Dutch government has raised nearly €2 billion by reopening a long-term bond, according to the Ministry of Finance on Tuesday. The opening of the bond, maturing on January 15, 2047, raised €1.995 billion, bringing the total outstanding amount to €22.505 billion. The bond yields 2.773%.

Confidence among small U.S. businesses fell in January after reaching a six-year high in December, according to data from the NFIB. The confidence index dropped from 105.1 in December to 102.8 in January but remained above the long-term average of 98 for the third consecutive month.

Federal Reserve Chair Jerome Powell reiterated the central bank’s goal of reducing inflation and stated that there is no urgency to lower interest rates. Speaking before the Senate Banking Committee on Tuesday, Powell described the economy as “strong overall,” with a “solid labor market” and inflation decreasing but still above the Fed’s 2% target.

The 6M Euribor is unchanged at 2.47% compared to previous business day. The 10Y Swap increased with 7 basis points to 2.37% 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.