Market information
Monday, June 28, 2010
The leaders of the 20 major economies who met this weekend during the G20, agreed to halve their government budget deficits by the year 2013. In 2016 their government debts should also be reduced. Both these aims should strengthen confidence levels on financial markets and should show that the poor financial situation of some countries is globally not accepted.During the G20 meeting, a bank levy was discussed as a possible instrument to make banks pay for the financial crisis. However, no international guide lines were set and therefore countries are left with the choice whether to pursue a financial levy for banks or not.
The 6M Euribor remained unchanged at 1.03% and the 10Y Swap increased by 4 basis points to 2.93%.
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Economic view
Publications
New terms for a marriage of convenience
Impact of Basel III on corporate banking relationship
risk management, financing, treasury, cash management, working capital, investments, Basel III
Shift towards an American funding model
corporates, corporate lending, Greek default
Client Cases
Netherlands State Treasury Agency
Going the extra mile for the national treasurer
public sector, treasury management, financing, treasury, publieke sector
