Market Information Monday 23 December 2019

On Friday members of Parliament have voted in favour of Prime Minister Boris Johnson’s Brexit bill. Members of Parliament voted by 358 to 234 in favour of the Withdrawal Agreement Bill (WAB). The WAB includes agreements with other European Union member states including the amounts to be paid by the British, civil rights and the prevention of border controls on the Irish island. The House of Lords still will vote on the law in January.

The volume of investments in tangible fixed assets increased by 5.6% in October 2019 in the Netherlands compared to October 2018. This is according to figures published by Statistics Netherlands (CBS).

Foreign investors are showing an increasing interest in Dutch mortgages. This is evidenced by a tour of Dutch insurers and other parties that have been competing with banks on the mortgage market for several years. These Dutch mortgages are attractive for foreign investors, because high returns can be achieved. This is therefore an interesting alternative to government bonds that, due to the low interest rates, yield almost nothing.

The 6M Euribor increased with 1 basis point to -0.34% compared to previous business day. The 10Y Swap is unchanged at 0.15% 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.