Market information
Friday, February 26, 2010
Dutch insurers need to attract billions of extra funding in order to comply with the current proposal of the new international capital requirements (Solvency II). Precise figures on the consequences cannot be given, because Solvency II is still under construction. But if the stricter capital requirements are implemented according to the current proposal, premiums are expected to increase.Also, a last attempt to solve the Icesave dispute has failed. Dutch negotiators who worked on a solution together with a British and Icelandic delegation , returned without a deal from London.
Worries over the Greek public dept and disappointing economic figures from the United States caused a decrease in stock quotes on the European as well as the American stock exchanges.
The euro decreased again against the US dollar. The main reason is the threat by credit rating agencies to decrease the rating of Greece.
The 6M Euribor is unchanged at 0.96% and the 10Y Swap increased by 4 bp to 3.47%.
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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
