Netherlands - Average Long-term Government Bond

Netherlands: Average Long-term Government Bond

Mnemonic	IRGTLT.INLD
Unit	% p.a., NSA
Adjustments	Not Seasonally Adjusted
	Business Daily
Data	30 Jun 2022	-0.57
	29 Jun 2022	-0.56

Series Information

Source	The Bank of Netherlands (DNB)
Release	Government Bond Yields
Frequency	Monthly
Start Date	1/2/1990
End Date	6/30/2022

Netherlands: Markets

	Reference	Last	Previous	Units	Frequency
Stock Market Index	29 Mar 2023	1,019	1,000	Index, NSA	Business Daily
Average Long-term Government Bond	30 Jun 2022	-0.57	-0.56	% p.a., NSA	Business Daily
Lending Rate	Feb 2013	1.5	1.5	% p.a., NSA	Monthly
Money Market Rate	Dec 1998	2.78	3.18	% p.a., NSA	Monthly

Release Information

Description

The annual, quarterly and monthly averages are based on the daily rates. The money market rate for call money is the EONIA (Euro Over Night Index Average) in the Euro area. Included in the money market rates is the Euribor rate and the Euro currency market. The Euro currency market data are based on teh 11:45 h Central European time bid-rates and have been derived from the Bank for International Settlements. Capital market rates include Dutch bonds and Central government bonds foreign/international.

Methodology

Money market rates

The EONIA is calculated as a weighted average of the effective overnight interest rates for all unsecured interbank transactions concluded in the euro area by a fixed population of banks. The rate for call money in the guilder market was the market rate for unsecured bankers' call loans.

The Euribor rate (Euro Interbank Offered Rate) is the average of the rates (excluding the highest and lowest values) offered by 57 banks in the euro area for interbank lending in euro.

The Aibor rate (Amsterdam Interbank Offered Rate) was the average of interbank rates offered by ten banks. With the introduction of the Euribor rate on 1 January 1999, the Aibor rate was discontinued as from that date.

Capital market rates

Dutch bonds: The yields, with the exception of that on the latest ten-year central government loan, are generally calculated as unweighted averages of the medians of the daily observations for each maturity class. The maturity classes are based on average remaining maturity. The yield on the five longest-term central government loans is calculated as the weighted average of the true yields to maturity of the five loans. The data on bond yields have been derived from the Statistics Netherlands, with the exception of the yield on the latest ten-year central government loan, which has been derived from Datastream.

Central government bonds foreign/international: The data on bond yields have been derived from the Bank for International Settlements and Data stream.