Market Information Wednesday 15 September 2021

The European Union issued EUR 9 billion of bonds on Tuesday. The bonds are issued to finance the so-called NextGenerationEU programme. This initiative should help Member States recover from the economic damage caused by the corona pandemic and make their economies more sustainable and resilient.

Inflation in the United States rose at a lower pace than expected in August, according to data released by the US Department of Commerce on Tuesday. Compared to July, the consumer price index (cpi) increased by 0.3%, according to the ministry. Compared to August 2020, the increase was 5.3%. Most economists polled by Bloomberg expected 0.4% monthly and 5.3% year-over-year.

The large Dutch companies are fully committed to innovation and growth. They no longer try to cut costs as much as possible. Instead, they now aim to increase their sales by introducing new products and making acquisitions. This is apparent from a survey carried out on behalf of ING among 77 top managers of mainly listed companies.

The 6M Euribor is unchanged at -0.52% compared to previous business day. The 10Y Swap decreased with 1 basis point to 0.02% 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.