Market Information Wednesday 12 February 2020

In the European Parliament the new ECB President Christine Lagarde announced yesterday that central banks should pay more attention to the effects and risks of climate change and the transition to a climate-neutral economy, in addition to the traditional task of monitoring price stability. Last month, the bank launched a large-scale review of its monetary policy, which should be completed by the end of this year.

The number of bankrupt companies in the Netherlands has increased according to Statistics Netherlands (CBS). Compared to December, 28 more companies were declared bankrupt in January. In total, 268 companies were declared bankrupt in January. With 59 companies trade had the highest number of bankruptcies of all industries.

New figures from Statistics Netherlands show that the average selling price of an existing owner-occupied house is EUR 200,000 or lower in only fourteen Dutch municipalities. In 2018, in thirty municipalities the average price of a house was less than EUR 200,000. Nationwide, the average price of a house in the Netherlands reached a historical record of EUR 308,000 in 2019.

The 6M Euribor decreased with 1 basis point to -0.35% compared to previous business day. The 10Y Swap increased with 2 basis points to -0.03% 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.