Market information
Wednesday, March 31, 2010
The Irish government announced Tuesday night that a fund has been set up for banks. In this fund, with a total size of EUR 81 billion, banks can deposit toxic real estate loans. With this fund the Irish government attempts to relieve banks from toxic loans.
Volumes on the AEX were low yesterday. Recent figures on the American consumer confidence had a positive influence on the AEX. The IMF published in a report that economic growth in Germany is expected to be lower this year than expected, which had a negative effect on the stock market. The AEX closed 0.1% lower at 343.60.
After four days in which the price of gold increased, the price per troy ounce dropped to $1,108.40 yesterday. Expectations in the market on a strengthening dollar put the gold price under pressure.
The 6M Euribor decreased to 0.94%. The 10Y Swap rate decreased 3 basis points to 3.30%.
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
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
