Market Information Wednesday 23 February 2022

The EU has imposed sanctions on several hundred members of the Russian parliament, some banks and businessmen with relations with Putin. The EU was united on Tuesday evening in condemning Russia’s decision to recognize and provide military support to two separatist regions in eastern Ukraine. Previously, the United Kingdom had blacklisted five banks and a large group of parliamentarians. US President Joe Biden spoke of a Russian invasion and decided to deny the country access to international capital markets.

The Russian central bank has promised to do everything it can to keep the ruble exchange rate stable. The pledge followed after news that President Vladimir Putin unilaterally decided to send “peacekeeping troops” across the Ukrainian border and occupy two eastern regions that have declared themselves independent from Ukraine.

Consumer confidence in the United States fell in February, according to an index published by the American Conference Board. The index stood at 111.1 in January, while the current reading is 110.5. The Conference Board says in a statement that the decline is due to concerns about inflation.

The 6M Euribor increased with 1 basis point to -0.48% compared to previous business day. The 10Y Swap increased with 3 basis points to 0.83% 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.