Market Information Friday 6 March 2020

The total volume of mortgages provided in the Netherlands grew to 128 billion euros in 2019, compared to 106 billion euros in 2018. The volume has not been this high since the measurements started in 2006. In the same period, the number of mortgages increased by more than 13 percent to 392,000. The growth is mainly caused by an increasing number of refinanced mortgages. The average mortgage sum increased by 6.5 percent to 326,000 euros.

Final figures from the US Department of Labor show that labor productivity in the United States increased by 1.2 percent in the fourth quarter of 2019. Labor productivity in the agricultural sector is not included in this number. Economists generally expected an increase of 1.3 percent. In the third quarter of 2019, productivity fell by 0.2 percent.

The US Department of Commerce has announced that factory orders in the United States fell 0.5 percent in January compared to December. Economists generally expected a decrease of 0.1 percent. In December, factory orders rose 1.9 percent.

The 6M Euribor is unchanged at -0.42% compared to previous business day. The 10Y Swap decreased with 1 basis point to -0.23% 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.