BENELUXNetherlands → Financial → Money, Banking and Credit → Modified Duration of Pension Funds

Modified duration of pension funds statistics for the Netherlands was added to the BENELUX database. Modified duration represents the average time until liabilities are paid, expressed in years, showing how sensitive the fund's total liability value is to a 1% change in interest rates. Detail is available for company pension funds, industry-wide, and other pension funds. These quarterly data are sourced from the Netherlands Central Bank and starts in Q1 2007.

Chart: The modified duration of Dutch pension funds is expected to decrease significantly as they transition from a Defined Benefit to a Defined Contribution system. This shift will cause them to reduce their demand for long-dated bonds. The first major installment is expected on January 1st, when approximately 550 billion euros in assets will be transferred. As a result, yields on 30-year Dutch and German government bond yields have risen to levels not seen since 2011.