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Money market: Tiny rise in the interest rate

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The German Bundesbank has for the first time since October in 2015 an increase in the average interest rate in Germany. A report by the consulting firm Barkow Consulting has confirmed to a Federal bench spokeswoman on Wednesday. The statistics on this issue, however, is published delayed, the rise in Interest rates took place from October to November, and 0.01 percentage points, 0.01 to 0.02 per cent – an increase of 100 per cent, so on a tiny level.

Christian Siedenbiedel

editor in the economy.

F. A. Z.

the Background is a special effect through a time-limited very high interest rate offer from a major player in the German market for days money was “” writes Barkow. The period in question, such as the ING (formerly ING Diba) had offered, temporarily, existing customers 1% to-day money, guaranteed for four months. The offer had been motivated by the introduction of the new brand name (“ING”), and is now running again.

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