Market Information Friday 22 January 2021

The European Central Bank (ECB) decided on Thursday to leave its monetary policy unchanged. In December 2020, the ECB decided to extend the buy-back program by 9 months and to increase it by EUR 500 billion. For the time being, these measures are sufficient to maintain financing conditions for businesses and households, but the ECB is ready to adjust its policy if necessary. Analysts also expected an unchanged policy.

Consumer confidence in the eurozone declined further in January 2021 compared to December 2020. The index was negative 15.5 in January 2021, from negative 13.9 a month earlier. This follows from figures published by the European Commission on Thursday.

The prices of existing owner-occupied homes in the Netherlands increased by 8.3 percent in December 2020 compared to December 2019, according to figures from Statistics Netherlands on Friday. In November 2020, prices increased with 8.9 percent on an annual basis. Over the year 2020, the prices of owner-occupied homes increased by 7.8 percent compared to 2019.

The 6M Euribor is unchanged at -0.53% compared to previous business day. The 10Y Swap increased with 3 basis points to -0.19% 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.