According to the G7 a vote by the UK to leave the European Union will have serious consequences for the global economy. In a statement, published after the G7 meeting in Japan, the countries say that a Brexit will reverse the growth of global trade, investments and the creation of jobs.
In the Netherlands the interest of a two year mortgage with a fixed interest rate has fallen below 1%. This is the lowest interest level, on such a mortgage, so far reported in the Netherlands. Last Wednesday ABN AMRO announced that it will decrease its interest rate to 0.99% today. Earlier this week the bank still asked an interest rate of 1.7% for a similar mortgage with a national mortgage guarantee (NHG).
Figures published by Statistics Netherlands (CBS) show that the total revenue of the Dutch construction sector has grown with 5.5% in the first three months of 2016, compared to the first quarter of 2015. The growth is partly caused by the upturn in the housing market, which has increased the revenues of companies constructing houses and offices.
The 6M Euribor remained unchanged at -0.14%. The 10Y Swap decreased with 1 basispoint to 0.54%.
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: firstname.lastname@example.org.
Managed by Sluijmer Multimedia and hosted by True.