{"id":237193,"date":"2025-12-17T09:26:09","date_gmt":"2025-12-17T09:26:09","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/237193\/"},"modified":"2025-12-17T09:26:09","modified_gmt":"2025-12-17T09:26:09","slug":"dutch-pension-overhaul-risks-creating-basis-trap-for-banks","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/237193\/","title":{"rendered":"Dutch Pension Overhaul Risks Creating \u2018Basis Trap\u2019 for Banks"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\">Dutch pension funds are expected to unwind interest-rate swap trades as they move to a new investing model, leaving banks exposed to a \u201cbasis trap,\u201d according to Societe Generale SA.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\">The funds are likely to terminate a \u201ctoxic vintage\u201d of unprofitable derivative contracts linked to the Euribor benchmark that were initiated between 2019 to 2021 when borrowing costs were close to zero, according to Mathias Kpade, a rates strategist at the French bank.<\/p>\n","protected":false},"excerpt":{"rendered":"Dutch pension funds are expected to unwind interest-rate swap trades as they move to a new investing model,&hellip;\n","protected":false},"author":2,"featured_media":237194,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[177],"tags":[36270,79,18,67943,1015,1729,19,5389,3442,17,188,392,234,235,42300,11782],"class_list":{"0":"post-237193","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-asset-allocation","9":"tag-business","10":"tag-eire","11":"tag-euro-spot","12":"tag-europe","13":"tag-finance","14":"tag-ie","15":"tag-interest-rates","16":"tag-investing","17":"tag-ireland","18":"tag-markets","19":"tag-netherlands","20":"tag-personal-finance","21":"tag-personalfinance","22":"tag-societe-generale-sa","23":"tag-superannuation"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/115734195951400901","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/237193","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=237193"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/237193\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/237194"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=237193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=237193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=237193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}