Market Information Monday 13 February 2023

The number of bankruptcies in the Netherlands decreased in January. This is observed on Monday from figures from Statistics Netherlands. The number of bankrupt companies fell from 263 in December to 228 in January. The number of bankruptcies remains low compared to the period before the outbreak of corona.

Moody’s downgraded Ukraine’s credit rating from Caa3 to Ca with a stable outlook. This was reported by the US rating agency late Friday evening. Moody’s points out that Ukraine’s public debt threatens to become unsustainable due to the protracted war with Russia and its consequences for the economy and public finances.

The US consumer confidence in the economy increased further in February. The consumer confidence index improved from 64.9 to 66.4. American consumers are also more positive about the current state of the economy. This sub-index increased from 68.4 to 72.6.

The 6M Euribor increased with 5 basis points to 3.10% compared to previous business day. The 10Y Swap increased with 5 basis points to 2.90% 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.