Market Information Thursday 25 March 2021

The Netherlands Authority for the Financial Markets (AFM) requires Dutch investment firms to inform their clients more actively about the restrictions on trading stocks. This is a response from the regulator to the fallout that arose from the trading of GameStop securities at the end of January. Investment institutions restricted the options for private investors to trade in GameStop shares. According to the AFM, these restrictions were justified, but communication to private individuals must be improved in the future.

The number of bankruptcies in the Netherlands will increase sharply this year, according to figures from credit insurer Atradius. More companies are expected to go bankrupt in 2021 than before the corona pandemic. The forecast is that the number of bankruptcies will increase by 44.0%, compared to the lowest level in 2020. Atradius calls it a delayed effect of the corona crisis.

The European Union (EU) and the United States (US) are strengthening ties. Joe Biden today joins a summit of EU government leaders to express his views on future cooperation. Antony Blinken, the Secretary of State, said the new US administration would strengthen its commitment to allies and alliances.

The 6M Euribor is unchanged at -0.52% compared to previous business day. The 10Y Swap decreased with 2 basis points to 0.01% 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.