Market information Tuesday July 21th 2015

The International Monetary Fund (IMF) has confirmed that Greece has cleared overdue debt repayment of EUR 2.05 billion. Greece also repaid another EUR 4.2 billion to the European Central Bank (ECB). This repayment came after the EFSM made Greece a short term loan of EUR 7 billion.

The Federal Reserve (Fed) announced it will require the top eight banks to increase capital buffers with USD 200 billion, as part of a plan of the Fed to keep a global financial collapse at bay in the event of a capital emergency. In the U.S. most of the banks are already in compliance with these rules. Only JPMorgan is facing a USD 12.5 billion shortfall.

The Nasdaq closed at 5,218.86, a new record close. The S&P 500 index gained 0.1% to 2,128.28 points and the Dow Jones at 18,100.41 points. Share prices increased because of good earnings reports.

The 6M Euribor remained unchanged at 0.05%. The 10Y Swap decreased with 3 bp to 1.07%.

In the attachment below, today’s market data on money and capital market rates as well as other rates are presented. For more history of these rates or other rates feel free to ask: update@zanders.eu.