Nearly 240 billion euro worth of government bonds issued in 2009

The Dutch government issued bonds and short-term loans worth nearly 240 billion euro on the Amsterdam Stock Exchange, about three quarters of newly issued bonds last year. The government requires extra money to fund its expenses. In 2008, the government issued bonds worth 160 billion euro. The overall value of quoted bonds was 833 billion euro by the end of last year.

Financial sector issues bonds worth 73 billion euro

Financial institutions issued nearly 73 billion euro worth of bonds last year, 11 billion euro down on in 2008. Financial companies still have to deal with the effects of the lack of trust caused by the crisis in mid-2008. The market for asset-backed securities (e.g. mortgages) was in the doldrums last year. Half of bonds issued by the financial sector were government-guaranteed loans.

Bond issues

Total value quoted bonds 833 billion euro

At the end of 2009, the overall value of bonds quoted on the Amsterdam Stock Exchange was 833 billion euro, an increase by more than 50 billion euro relative to one year previously. Nearly two thirds of the total stock exchange value concerns bonds issued by the financial sector. The value of government bonds totalled more than 275 billion euro by the end of 2009, almost the same as at the end of 2008. As the Dutch government mainly issued short-term loans in 2009, these loans were partly paid off in the same year.

Value of bonds quoted on Euronext Amsterdam at end of the year

Jos van Heiningen