Market information
Wednesday, April 28, 2010
In America the figure for the consumer confidence over March was announced yesterday. Analysts expected a small increase from 52.5 to 53.5 but in reality the number rose to 57.9.
Nonetheless the stock indices decreased worldwide. This is mainly caused by the debt crisis in the Eurzone. The rating of Greece was decreased by S&P yesterday to BB+. The outlook is still negative. Fitch and Moody's decreased their rating of Greece earlier this month.
The rating of Portugal is decreased to A- by S&P. They note that the chance of a further downgrade is plausible. The interest rate on a two years government loan increased with 122 bp to 5.2%.
The 6M Euribor remains constant at 0.96%. The 10Y swap rate decreases with 9 basis points to 3.15%.
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: .(JavaScript must be enabled to view this email address).
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Economic view
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risk management, financing, treasury, cash management, working capital, investments, Basel III
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corporates, corporate lending, Greek default
Client Cases
Netherlands State Treasury Agency
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public sector, treasury management, financing, treasury, publieke sector
