RaboResearch - Economic Research

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Contant geld is nog lang niet weg (Dutch)

Het gebruik van contant geld in ons land loopt terug. Grote betalingen worden al heel lang vooral via de bank afgewikkeld. Aan de toonbank was contant geld tot voor kort nog wel dominant bij kleinere transacties. Maar sinds de komst van de contactloze betaling neemt het gebruik van cash ook hier snel af.

Economic Comment Dutch version

EURIBOR reforms: Same car, different engine

EURIBOR will continue to exist for the foreseeable future, albeit with a new methodology. So there is no immediate risk of disruption. Still, contracts should include robust fall-backs for the eventuality that EURIBOR is discontinued in the future.

Economic Comment Dutch version

EONIA switches to €STR

€STR was launched in October as replacement for EONIA, which will be discontinued after 2021. The switch to €STR directly affects contracts that reference EONIA and mature after 2021. It may also impact valuations of other contracts.

Economic Comment Dutch version

USD LIBOR’s days are numbered

Beyond 2021 the publication of USD LIBOR fixings is not guaranteed. SOFR has been selected as the preferred successor. To avoid potential disruption in the event USD LIBOR ceases to exist, robust fall-back language should be implemented in contracts.

Economic Comment Dutch version

Benchmark reforms: Bigger than Brexit?

Globally, LIBOR rates that have long served as benchmark rates, are being replaced with better alternatives. Widespread reliance on these rates means that introducing new benchmarks comes with potential legal, financial, and operational risks.

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Meer Merels voor de klas (Dutch)

Het tekort aan leerkrachten in het basisonderwijs wordt steeds nijpender. Daarom zijn zij-instromers zoals Merel van Vroonhoven bijzonder welkom. Toch is het nog niet zo eenvoudig om een voet tussen de schooldeur te krijgen.