<?xml version="1.0" encoding="UTF-8"?>

<CompactData xmlns="http://www.SDMX.org/resources/SDMXML/schemas/v2_0/message" xmlns:bbk="http://www.bundesbank.de/statistik/zeitreihen/BBKcompact" xmlns:compact="http://www.SDMX.org/resources/SDMXML/schemas/v2_0/compact" xmlns:xsl="http://www.w3.org/2001/XMLSchema-instance" xsl:schemaLocation="http://www.SDMX.org/resources/SDMXML/schemas/v2_0/message schemas/SDMXMessage.xsd http://www.bundesbank.de/statistik/zeitreihen/bbkcompact schemas/BBKCompactData.xsd http://www.SDMX.org/resources/SDMXML/schemas/v2_0/compact schemas/SDMXCompactData.xsd">
  <Header>
    <ID>BBK01_WZ3474</ID>
    <Test>false</Test>
    <Truncated>false</Truncated>
    <Prepared>2026-04-30T06:32:12</Prepared>
    <Sender id="BBK">
      <Name xml:lang="de">Deutsche Bundesbank</Name>
      <Contact>
        <Email>presse-information@bundesbank.de</Email>
      </Contact>
    </Sender>
  </Header>
  <bbk:DataSet datasetID="BBK01">
    <bbk:Series FREQ="M" BBK_ID="BBK01.WZ3474" DECIMALS="2" UNIT="Prozent" UNIT_MULT="0" BBK_TITLE="Aus der Zinsstruktur abgeleitete Renditen für Pfandbriefe mit    jährl. Kuponzahlungen / RLZ 10 Jahre / gleitende Durchschnitte" BBK_TITLE_ENG="Yields, derived from the term structure of interest rates, on Pfandbriefe with annual coupon payments / residual maturity of 10 years / moving averages" BBK_COMM_GEN="Gleitende Durchschnitte aus Monatsendständen; bei einer Restlaufzeit von 1 Jahr errechnet aus den Monatsendständen von 12 Monaten, bei einer Restlaufzeit von 2 Jahren aus Monatsendständen von 24 Monaten, ... , bei einer Restlaufzeit von 10 Jahren aus Monatsendständen von 120 Monaten; einbezogen werden der Monatsendstand des Berichtsmonats und die davor liegenden Monatsendstände." BBK_COMM_GEN_ENG="Moving averages from end-of-month levels; calculated from end-of-month levels of 12 months in the case of a residual maturity of one year; end-of-month levels of 24 months in the case of a residual maturity of two years, ... , end-of-months levels of 120 months in the case of a residual maturity of ten years; this includes the end-of-month-level of the reporting month and the end-of-month-levels of the preceding months.">
      <bbk:Obs TIME_PERIOD="2020-04" OBS_VALUE="1.61" BBK_DIFF="-1.8" BBK_DIFF_Y="-19.5"/>
      <bbk:Obs TIME_PERIOD="2020-03" OBS_VALUE="1.64" BBK_DIFF="-1.8" BBK_DIFF_Y="-19.2"/>
      <bbk:Obs TIME_PERIOD="2020-02" OBS_VALUE="1.67" BBK_DIFF="-1.8" BBK_DIFF_Y="-18.9"/>
      <bbk:Obs TIME_PERIOD="2020-01" OBS_VALUE="1.7" BBK_DIFF="-2.3" BBK_DIFF_Y="-18.3"/>
      <bbk:Obs TIME_PERIOD="2019-12" OBS_VALUE="1.74" BBK_DIFF="-1.7" BBK_DIFF_Y="-17.5"/>
      <bbk:Obs TIME_PERIOD="2019-11" OBS_VALUE="1.77" BBK_DIFF="-1.7" BBK_DIFF_Y="-17.3"/>
      <bbk:Obs TIME_PERIOD="2019-10" OBS_VALUE="1.8" BBK_DIFF="-1.6" BBK_DIFF_Y="-17.1"/>
      <bbk:Obs TIME_PERIOD="2019-09" OBS_VALUE="1.83" BBK_DIFF="-1.6" BBK_DIFF_Y="-16.8"/>
      <bbk:Obs TIME_PERIOD="2019-08" OBS_VALUE="1.86" BBK_DIFF="-2.1" BBK_DIFF_Y="-16.6"/>
      <bbk:Obs TIME_PERIOD="2019-07" OBS_VALUE="1.9" BBK_DIFF="-1.6" BBK_DIFF_Y="-15.9"/>
      <bbk:Obs TIME_PERIOD="2019-06" OBS_VALUE="1.93" BBK_DIFF="-1.5" BBK_DIFF_Y="-15.7"/>
      <bbk:Obs TIME_PERIOD="2019-05" OBS_VALUE="1.96" BBK_DIFF="-2.0" BBK_DIFF_Y="-15.9"/>
      <bbk:Obs TIME_PERIOD="2019-04" OBS_VALUE="2.0" BBK_DIFF="-1.5" BBK_DIFF_Y="-15.3"/>
      <bbk:Obs TIME_PERIOD="2019-03" OBS_VALUE="2.03" BBK_DIFF="-1.5" BBK_DIFF_Y="-15.1"/>
      <bbk:Obs TIME_PERIOD="2019-02" OBS_VALUE="2.06" BBK_DIFF="-1.0" BBK_DIFF_Y="-14.9"/>
      <bbk:Obs TIME_PERIOD="2019-01" OBS_VALUE="2.08" BBK_DIFF="-1.4" BBK_DIFF_Y="-15.1"/>
      <bbk:Obs TIME_PERIOD="2018-12" OBS_VALUE="2.11" BBK_DIFF="-1.4" BBK_DIFF_Y="-14.9"/>
      <bbk:Obs TIME_PERIOD="2018-11" OBS_VALUE="2.14" BBK_DIFF="-1.4" BBK_DIFF_Y="-14.7"/>
      <bbk:Obs TIME_PERIOD="2018-10" OBS_VALUE="2.17" BBK_DIFF="-1.4" BBK_DIFF_Y="-14.6"/>
      <bbk:Obs TIME_PERIOD="2018-09" OBS_VALUE="2.2" BBK_DIFF="-1.3" BBK_DIFF_Y="-14.4"/>
      <bbk:Obs TIME_PERIOD="2018-08" OBS_VALUE="2.23" BBK_DIFF="-1.3" BBK_DIFF_Y="-14.2"/>
      <bbk:Obs TIME_PERIOD="2018-07" OBS_VALUE="2.26" BBK_DIFF="-1.3" BBK_DIFF_Y="-14.1"/>
      <bbk:Obs TIME_PERIOD="2018-06" OBS_VALUE="2.29" BBK_DIFF="-1.7" BBK_DIFF_Y="-14.2"/>
      <bbk:Obs TIME_PERIOD="2018-05" OBS_VALUE="2.33" BBK_DIFF="-1.3" BBK_DIFF_Y="-13.7"/>
      <bbk:Obs TIME_PERIOD="2018-04" OBS_VALUE="2.36" BBK_DIFF="-1.3" BBK_DIFF_Y="-13.6"/>
      <bbk:Obs TIME_PERIOD="2018-03" OBS_VALUE="2.39" BBK_DIFF="-1.2" BBK_DIFF_Y="-13.4"/>
      <bbk:Obs TIME_PERIOD="2018-02" OBS_VALUE="2.42" BBK_DIFF="-1.2" BBK_DIFF_Y="-13.3"/>
      <bbk:Obs TIME_PERIOD="2018-01" OBS_VALUE="2.45" BBK_DIFF="-1.2" BBK_DIFF_Y="-13.1"/>
      <bbk:Obs TIME_PERIOD="2017-12" OBS_VALUE="2.48" BBK_DIFF="-1.2" BBK_DIFF_Y="-13.0"/>
      <bbk:Obs TIME_PERIOD="2017-11" OBS_VALUE="2.51" BBK_DIFF="-1.2" BBK_DIFF_Y="-12.8"/>
      <bbk:Obs TIME_PERIOD="2017-10" OBS_VALUE="2.54" BBK_DIFF="-1.2" BBK_DIFF_Y="-12.4"/>
      <bbk:Obs TIME_PERIOD="2017-09" OBS_VALUE="2.57" BBK_DIFF="-1.2" BBK_DIFF_Y="-12.3"/>
      <bbk:Obs TIME_PERIOD="2017-08" OBS_VALUE="2.6" BBK_DIFF="-1.1" BBK_DIFF_Y="-12.5"/>
      <bbk:Obs TIME_PERIOD="2017-07" OBS_VALUE="2.63" BBK_DIFF="-1.5" BBK_DIFF_Y="-12.3"/>
      <bbk:Obs TIME_PERIOD="2017-06" OBS_VALUE="2.67" BBK_DIFF="-1.1" BBK_DIFF_Y="-11.9"/>
      <bbk:Obs TIME_PERIOD="2017-05" OBS_VALUE="2.7" BBK_DIFF="-1.1" BBK_DIFF_Y="-11.8"/>
      <bbk:Obs TIME_PERIOD="2017-04" OBS_VALUE="2.73" BBK_DIFF="-1.1" BBK_DIFF_Y="-11.7"/>
      <bbk:Obs TIME_PERIOD="2017-03" OBS_VALUE="2.76" BBK_DIFF="-1.1" BBK_DIFF_Y="-11.5"/>
      <bbk:Obs TIME_PERIOD="2017-02" OBS_VALUE="2.79" BBK_DIFF="-1.1" BBK_DIFF_Y="-11.4"/>
      <bbk:Obs TIME_PERIOD="2017-01" OBS_VALUE="2.82" BBK_DIFF="-1.1" BBK_DIFF_Y="-11.0"/>
      <bbk:Obs TIME_PERIOD="2016-12" OBS_VALUE="2.85" BBK_DIFF="-1.0" BBK_DIFF_Y="-10.9"/>
      <bbk:Obs TIME_PERIOD="2016-11" OBS_VALUE="2.88" BBK_DIFF="-0.7" BBK_DIFF_Y="-10.6"/>
      <bbk:Obs TIME_PERIOD="2016-10" OBS_VALUE="2.9" BBK_DIFF="-1.0" BBK_DIFF_Y="-10.5"/>
      <bbk:Obs TIME_PERIOD="2016-09" OBS_VALUE="2.93" BBK_DIFF="-1.3" BBK_DIFF_Y="-10.1"/>
      <bbk:Obs TIME_PERIOD="2016-08" OBS_VALUE="2.97" BBK_DIFF="-1.0" BBK_DIFF_Y="-9.5"/>
      <bbk:Obs TIME_PERIOD="2016-07" OBS_VALUE="3.0" BBK_DIFF="-1.0" BBK_DIFF_Y="-9.1"/>
      <bbk:Obs TIME_PERIOD="2016-06" OBS_VALUE="3.03" BBK_DIFF="-1.0" BBK_DIFF_Y="-8.7"/>
      <bbk:Obs TIME_PERIOD="2016-05" OBS_VALUE="3.06" BBK_DIFF="-1.0" BBK_DIFF_Y="-8.4"/>
      <bbk:Obs TIME_PERIOD="2016-04" OBS_VALUE="3.09" BBK_DIFF="-1.0" BBK_DIFF_Y="-8.0"/>
      <bbk:Obs TIME_PERIOD="2016-03" OBS_VALUE="3.12" BBK_DIFF="-1.0" BBK_DIFF_Y="-8.0"/>
      <bbk:Obs TIME_PERIOD="2016-02" OBS_VALUE="3.15" BBK_DIFF="-0.6" BBK_DIFF_Y="-7.6"/>
      <bbk:Obs TIME_PERIOD="2016-01" OBS_VALUE="3.17" BBK_DIFF="-0.9" BBK_DIFF_Y="-7.8"/>
      <bbk:Obs TIME_PERIOD="2015-12" OBS_VALUE="3.2" BBK_DIFF="-0.6" BBK_DIFF_Y="-7.5"/>
      <bbk:Obs TIME_PERIOD="2015-11" OBS_VALUE="3.22" BBK_DIFF="-0.6" BBK_DIFF_Y="-7.7"/>
      <bbk:Obs TIME_PERIOD="2015-10" OBS_VALUE="3.24" BBK_DIFF="-0.6" BBK_DIFF_Y="-7.7"/>
      <bbk:Obs TIME_PERIOD="2015-09" OBS_VALUE="3.26" BBK_DIFF="-0.6" BBK_DIFF_Y="-7.9"/>
      <bbk:Obs TIME_PERIOD="2015-08" OBS_VALUE="3.28" BBK_DIFF="-0.6" BBK_DIFF_Y="-7.9"/>
      <bbk:Obs TIME_PERIOD="2015-07" OBS_VALUE="3.3" BBK_DIFF="-0.6" BBK_DIFF_Y="-8.1"/>
      <bbk:Obs TIME_PERIOD="2015-06" OBS_VALUE="3.32" BBK_DIFF="-0.6" BBK_DIFF_Y="-8.0"/>
      <bbk:Obs TIME_PERIOD="2015-05" OBS_VALUE="3.34" BBK_DIFF="-0.6" BBK_DIFF_Y="-8.2"/>
      <bbk:Obs TIME_PERIOD="2015-04" OBS_VALUE="3.36" BBK_DIFF="-0.9" BBK_DIFF_Y="-8.2"/>
      <bbk:Obs TIME_PERIOD="2015-03" OBS_VALUE="3.39" BBK_DIFF="-0.6" BBK_DIFF_Y="-7.9"/>
      <bbk:Obs TIME_PERIOD="2015-02" OBS_VALUE="3.41" BBK_DIFF="-0.9" BBK_DIFF_Y="-7.8"/>
      <bbk:Obs TIME_PERIOD="2015-01" OBS_VALUE="3.44" BBK_DIFF="-0.6" BBK_DIFF_Y="-7.5"/>
      <bbk:Obs TIME_PERIOD="2014-12" OBS_VALUE="3.46" BBK_DIFF="-0.9" BBK_DIFF_Y="-7.5"/>
      <bbk:Obs TIME_PERIOD="2014-11" OBS_VALUE="3.49" BBK_DIFF="-0.6" BBK_DIFF_Y="-6.9"/>
      <bbk:Obs TIME_PERIOD="2014-10" OBS_VALUE="3.51" BBK_DIFF="-0.8" BBK_DIFF_Y="-6.9"/>
      <bbk:Obs TIME_PERIOD="2014-09" OBS_VALUE="3.54" BBK_DIFF="-0.6" BBK_DIFF_Y="-6.6"/>
      <bbk:Obs TIME_PERIOD="2014-08" OBS_VALUE="3.56" BBK_DIFF="-0.8" BBK_DIFF_Y="-6.6"/>
      <bbk:Obs TIME_PERIOD="2014-07" OBS_VALUE="3.59" BBK_DIFF="-0.6" BBK_DIFF_Y="-6.3"/>
      <bbk:Obs TIME_PERIOD="2014-06" OBS_VALUE="3.61" BBK_DIFF="-0.8" BBK_DIFF_Y="-6.0"/>
      <bbk:Obs TIME_PERIOD="2014-05" OBS_VALUE="3.64" BBK_DIFF="-0.5" BBK_DIFF_Y="-5.7"/>
      <bbk:Obs TIME_PERIOD="2014-04" OBS_VALUE="3.66" BBK_DIFF="-0.5" BBK_DIFF_Y="-5.7"/>
      <bbk:Obs TIME_PERIOD="2014-03" OBS_VALUE="3.68" BBK_DIFF="-0.5" BBK_DIFF_Y="-5.6"/>
      <bbk:Obs TIME_PERIOD="2014-02" OBS_VALUE="3.7" BBK_DIFF="-0.5" BBK_DIFF_Y="-5.6"/>
      <bbk:Obs TIME_PERIOD="2014-01" OBS_VALUE="3.72" BBK_DIFF="-0.5" BBK_DIFF_Y="-5.3"/>
      <bbk:Obs TIME_PERIOD="2013-12" OBS_VALUE="3.74" BBK_DIFF="-0.3" BBK_DIFF_Y="-5.3"/>
      <bbk:Obs TIME_PERIOD="2013-11" OBS_VALUE="3.75" BBK_DIFF="-0.5" BBK_DIFF_Y="-5.5"/>
      <bbk:Obs TIME_PERIOD="2013-10" OBS_VALUE="3.77" BBK_DIFF="-0.5" BBK_DIFF_Y="-5.5"/>
      <bbk:Obs TIME_PERIOD="2013-09" OBS_VALUE="3.79" BBK_DIFF="-0.5" BBK_DIFF_Y="-5.5"/>
      <bbk:Obs TIME_PERIOD="2013-08" OBS_VALUE="3.81" BBK_DIFF="-0.5" BBK_DIFF_Y="-5.7"/>
      <bbk:Obs TIME_PERIOD="2013-07" OBS_VALUE="3.83" BBK_DIFF="-0.3" BBK_DIFF_Y="-5.7"/>
      <bbk:Obs TIME_PERIOD="2013-06" OBS_VALUE="3.84" BBK_DIFF="-0.5" BBK_DIFF_Y="-5.9"/>
      <bbk:Obs TIME_PERIOD="2013-05" OBS_VALUE="3.86" BBK_DIFF="-0.5" BBK_DIFF_Y="-5.9"/>
      <bbk:Obs TIME_PERIOD="2013-04" OBS_VALUE="3.88" BBK_DIFF="-0.5" BBK_DIFF_Y="-6.1"/>
      <bbk:Obs TIME_PERIOD="2013-03" OBS_VALUE="3.9" BBK_DIFF="-0.5" BBK_DIFF_Y="-6.0"/>
      <bbk:Obs TIME_PERIOD="2013-02" OBS_VALUE="3.92" BBK_DIFF="-0.3" BBK_DIFF_Y="-6.0"/>
      <bbk:Obs TIME_PERIOD="2013-01" OBS_VALUE="3.93" BBK_DIFF="-0.5" BBK_DIFF_Y="-6.2"/>
      <bbk:Obs TIME_PERIOD="2012-12" OBS_VALUE="3.95" BBK_DIFF="-0.5" BBK_DIFF_Y="-6.2"/>
      <bbk:Obs TIME_PERIOD="2012-11" OBS_VALUE="3.97" BBK_DIFF="-0.5" BBK_DIFF_Y="-6.1"/>
      <bbk:Obs TIME_PERIOD="2012-10" OBS_VALUE="3.99" BBK_DIFF="-0.5" BBK_DIFF_Y="-5.9"/>
      <bbk:Obs TIME_PERIOD="2012-09" OBS_VALUE="4.01" BBK_DIFF="-0.7" BBK_DIFF_Y="-5.9"/>
      <bbk:Obs TIME_PERIOD="2012-08" OBS_VALUE="4.04" BBK_DIFF="-0.5" BBK_DIFF_Y="-5.4"/>
      <bbk:Obs TIME_PERIOD="2012-07" OBS_VALUE="4.06" BBK_DIFF="-0.5" BBK_DIFF_Y="-5.4"/>
      <bbk:Obs TIME_PERIOD="2012-06" OBS_VALUE="4.08" BBK_DIFF="-0.5" BBK_DIFF_Y="-5.1"/>
      <bbk:Obs TIME_PERIOD="2012-05" OBS_VALUE="4.1" BBK_DIFF="-0.7" BBK_DIFF_Y="-5.1"/>
      <bbk:Obs TIME_PERIOD="2012-04" OBS_VALUE="4.13" BBK_DIFF="-0.5" BBK_DIFF_Y="-4.6"/>
      <bbk:Obs TIME_PERIOD="2012-03" OBS_VALUE="4.15" BBK_DIFF="-0.5" BBK_DIFF_Y="-4.6"/>
      <bbk:Obs TIME_PERIOD="2012-02" OBS_VALUE="4.17" BBK_DIFF="-0.5" BBK_DIFF_Y="-4.4"/>
      <bbk:Obs TIME_PERIOD="2012-01" OBS_VALUE="4.19" BBK_DIFF="-0.5" BBK_DIFF_Y="-4.1"/>
      <bbk:Obs TIME_PERIOD="2011-12" OBS_VALUE="4.21" BBK_DIFF="-0.5" BBK_DIFF_Y="-3.9"/>
      <bbk:Obs TIME_PERIOD="2011-11" OBS_VALUE="4.23" BBK_DIFF="-0.2" BBK_DIFF_Y="-3.9"/>
      <bbk:Obs TIME_PERIOD="2011-10" OBS_VALUE="4.24" BBK_DIFF="-0.5" BBK_DIFF_Y="-4.1"/>
      <bbk:Obs TIME_PERIOD="2011-09" OBS_VALUE="4.26" BBK_DIFF="-0.2" BBK_DIFF_Y="-4.1"/>
      <bbk:Obs TIME_PERIOD="2011-08" OBS_VALUE="4.27" BBK_DIFF="-0.5" BBK_DIFF_Y="-4.3"/>
      <bbk:Obs TIME_PERIOD="2011-07" OBS_VALUE="4.29" BBK_DIFF="-0.2" BBK_DIFF_Y="-4.5"/>
      <bbk:Obs TIME_PERIOD="2011-06" OBS_VALUE="4.3" BBK_DIFF="-0.5" BBK_DIFF_Y="-4.7"/>
      <bbk:Obs TIME_PERIOD="2011-05" OBS_VALUE="4.32" BBK_DIFF="-0.2" BBK_DIFF_Y="-4.6"/>
      <bbk:Obs TIME_PERIOD="2011-04" OBS_VALUE="4.33" BBK_DIFF="-0.5" BBK_DIFF_Y="-4.8"/>
      <bbk:Obs TIME_PERIOD="2011-03" OBS_VALUE="4.35" BBK_DIFF="-0.2" BBK_DIFF_Y="-4.8"/>
      <bbk:Obs TIME_PERIOD="2011-02" OBS_VALUE="4.36" BBK_DIFF="-0.2" BBK_DIFF_Y="-5.0"/>
      <bbk:Obs TIME_PERIOD="2011-01" OBS_VALUE="4.37" BBK_DIFF="-0.2" BBK_DIFF_Y="-5.0"/>
      <bbk:Obs TIME_PERIOD="2010-12" OBS_VALUE="4.38" BBK_DIFF="-0.5" BBK_DIFF_Y="-5.2"/>
      <bbk:Obs TIME_PERIOD="2010-11" OBS_VALUE="4.4" BBK_DIFF="-0.5"/>
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      <bbk:Obs TIME_PERIOD="2010-09" OBS_VALUE="4.44" BBK_DIFF="-0.4"/>
      <bbk:Obs TIME_PERIOD="2010-08" OBS_VALUE="4.46" BBK_DIFF="-0.7"/>
      <bbk:Obs TIME_PERIOD="2010-07" OBS_VALUE="4.49" BBK_DIFF="-0.4"/>
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      <bbk:Obs TIME_PERIOD="2010-04" OBS_VALUE="4.55" BBK_DIFF="-0.4"/>
      <bbk:Obs TIME_PERIOD="2010-03" OBS_VALUE="4.57" BBK_DIFF="-0.4"/>
      <bbk:Obs TIME_PERIOD="2010-02" OBS_VALUE="4.59" BBK_DIFF="-0.2"/>
      <bbk:Obs TIME_PERIOD="2010-01" OBS_VALUE="4.6" BBK_DIFF="-0.4"/>
      <bbk:Obs TIME_PERIOD="2009-12" OBS_VALUE="4.62"/>
    </bbk:Series>
  </bbk:DataSet>
</CompactData>
