Term structure of interest rates
The term structure of interes rates in the debt securities market shows the connection between the interest rates and maturities of default-free zero coupon bonds. The data on the term structure of interest rates published here are estimated values calculated on the basis of observed yields on coupon bonds outstanding.
For more information on this topic, see “Calculation of data on the term structure of interest rates (table II.7.2)” in the explanatory notes on the tables of the Statistical Series Capital market indicators and “Estimating the term structure of interest rates” on pp 61-66 of the October 1997 edition of the Monthly Report.
The procedure is also described in detail in the discussion paper “Estimating the German term structure” by Sebastian T Schich.
Note: The time series keys of the term structure of interest rates have changed. A comparison of the old and new keys can be found under Downloads.