The Chinese government has further reduced the capital requirements for banks active in China. As of March 1, 2016, Chinese banks need to hold 0.5% less capital as reserves.
Argentina reached an agreement with its creditors. In the aftermath of the bankruptcy in 2011, Argentina will pay USD 4.65 billion to its main creditors. Since 2011, Argentina no longer has access to international capital markets. Under the new president Mauricio Macri, the country is quickly improving its relationship with financial markets.
Figures published by the German Federal Statistical Office showed that German retail sales rose by 0.7% in January 2016 compared with December 2015. Analysts were expecting an increase of 0.3%. In December 2015, sales of German retailers decreased with 0.2% compared to the previous month.
The 6M Euribor remained unchanged at -0.12%. The 10Y Swap decreased 1 basispoint to 0.52%.
In the attachment, 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: email@example.com.
Managed by Sluijmer Multimedia and hosted by True.