{"id":350802,"date":"2025-12-17T09:39:07","date_gmt":"2025-12-17T09:39:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/350802\/"},"modified":"2025-12-17T09:39:07","modified_gmt":"2025-12-17T09:39:07","slug":"dutch-pension-overhaul-risks-creating-basis-trap-for-banks","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/350802\/","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":350803,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[37520,45,49,48,77557,3456,133,9316,1829,100,22265,131,132,74577,14818],"class_list":["post-350802","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-asset-allocation","tag-business","tag-ca","tag-canada","tag-euro-spot","tag-europe","tag-finance","tag-interest-rates","tag-investing","tag-markets","tag-netherlands","tag-personal-finance","tag-personalfinance","tag-societe-generale-sa","tag-superannuation"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/350802","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=350802"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/350802\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/350803"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=350802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=350802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=350802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}