Market Information Tuesday 22 October 2019

According to the European statistics bureau Eurostat, the government debt of countries in the Eurozone decreased in the last year to an average of 85.9 percent of the GDP of the Eurozone economy. Government debt amounted to 87.8 percent of GDP in 2017. The Euro countries with the highest debt ratio are Greece and Italy with respectively 181 and 135 percent of their GDP.

Consumer confidence in the Netherlands has barely changed this month. Statistics Netherlands reported that the figure for consumer confidence reached minus 1 in October and minus 2 in September. The average of the last 20 year is minus 4. The highest level was reached in January 2000 at a level of 36 and the lowest level at minus 41 in March 2013.

The Dutch ministry of finance reported that the Dutch government raised 2.1 billion euro with the reopening of two short-term loans. More than 1 billion euro has been obtained on a loan which expires on 31 January 2020 and on a loan which expires on 31 March 2020 almost 1.1 billion euro.

The 6M Euribor is unchanged at -0.35% compared to previous business day. The 10Y Swap increased with 4 basis points to 0.07% 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.