In 2020 corporate debt issued amounted to more than USD 5,000 billion, a record. Underwriting investment banks have generated a total of USD 124.5 billion in fees for the debt issuance.
Gross domestic product (GDP) in the Netherlands decreased by 4.1% in the first three quarters of 2020 compared to the first three quarters of 2019. The contraction was mainly caused by the sharp decline in household consumption (6.4%), as a result of the restrictions on consumption by government measures. The decline in investment (3.5%) also contributed to the contraction in GDP, according to the annual overview of 2020 published by Statistics Netherlands.
The British pound decreased on Monday after three days in which the currency increased due to the trade deal between the European Union (EU) and the United Kingdom (UK). Investors expect the trade deal to have negative consequences for the UK, according to Bloomberg.
The 6M Euribor is unchanged at -0.52% compared to previous business day. The 10Y Swap decreased with 1 basis point to -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.
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