Market information
Friday, January 08, 2010
The bankrupcy of Lehman hits the financial market again. Dutch banks and asset managers are likely to pay more than one hundred million euros as a result of a settlement in Belgium between Citibank and hundreds of private investors. Citi offers its customers 65% of the deposit to compensate. The offer runs until February 18th and this may mean a cost of about 140 million euros for Citi in Belgium. The bank is one of the world's largest retailers have for Lehman notes.
The Dutch company Spyker announced last night its bid for the car maker Saab. Spyker has not disclose any financial details. The other bider is Genii Capital, a Luxembourg-based private equity firm, together with Bernie Eccleston.
The 6M Euribor remaines unchanged at 0.99% with respect to yesterday. The 10Y Swap has dropped 1 basis point to 3.55% with respect to yesterday.
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
