Market Information Monday 27 December 2021

The People’s Bank of China (PBOC) plans to make monetary policy even more future-oriented. More use will be made of monetary policy instruments and the central bank will increase support for the real economy. Earlier this month, the central bank cut interest rates. The prime rate was adjusted by 5 basis points from 3.85% to 3.8%.

Belgium still plans to close its nuclear power plants in 2025 but leaves open the possibility to continue with some reactors longer in case it is not possible to increase the capacity of the gas plants in time. The government plans to conduct research into the development of new, small nuclear power plants together with the Netherlands and France. €100 million has been set aside for this research for a period of four years.

The last week of 2021 may be a quiet one for investors as no market moving events are scheduled and volumes are low towards the end of the year. The AEX gained 2 percent last week. The AEX is expected to achieve an annual profit of approximately 26.5 percent. With this, the Amsterdam stock exchange continues to follow in the footsteps of the S&P 500, which rose 27.7 percent in 2021

The 6M Euribor increased with 1 basis point to -0.54% compared to previous business day. The 10Y Swap is unchanged at 0.25% 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.