Market information Friday April 22nd 2016

The stock exchanges in the Eurozone closed lower Thursday afternoon after the press conference of the European Central Bank (ECB). As expected, the ECB maintains the fixed rate for main refinancing at 0.0% and the expansive monetary policy. The AEX-index closed 1.1% lower at 451.40 points.

As a result of the low interest rates and the expansionary monetary policy of the ECB, the average mortgage rate on a 10-year mortgage in the Netherlands has declined to 2.5%. These low mortgage rates stimulate the Dutch economy and provides consumers and the government a total shared benefit of EUR 10 billion per year.

On Thursday, the European Commission presented figures showing that in April consumer confidence in the economy in the Eurozone rose compared to the previous month. The index remains negative, up from -9.7 to -9.3, April is the first month after three declines in a row that consumer confidence increased.

The 6M Euribor remained unchanged at -0.14%. The 10Y Swap increased with 5 basispoints at 0.61%.

In the attachment, today’s market data on money and capital market rates as well as other rates are presented. For more history of these rates or other rates feel free to ask: