Market information
Monday, March 29, 2010
The British Ministry of Finance is working on a plan to reduce government stakes in RBS and Lloyds, now that the stock prices of both banks approach the average prices which the British government paid for it. The state currently owns 41% of Lloyds and 83% of RBS.According to a study of the financial website Independer, interest rates on five-year savings decreased 0.8% on average last year. For deposits with a maturity of one year, the decline was 2.5% on average. The largest interest rate reductions were seen at Fortis Bank and Credit Europe Bank.
The index for consumer confidence in the United States remained unchanged in March compared to February. The index remained at a level of 73.6 while 72.5 was expected.
The 6M Euribor remained unchanged at 0.95%. The 10Y Swap increased one basis point to 3.34%.
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)
Page 1 of 1 pages
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
