German bank debt securities yield, 4 to 5 years
German bank debt securities yield, 4 to 5 years stood at 3.64% on Oct 16, 2026, according to Deutsche Bundesbank. It is one of the indicators in the Bond yields and yield curves (daily) table (Value · Daily), with a complete series running from Jul 1, 1997 to Oct 16, 2026. The complete series with an interactive chart, free to download.
This indicator in the Bond yields and yield curves (daily) table
| Indicator | 16-10-2026 | 15-10-2026 | 14-10-2026 | 13-10-2026 | 12-10-2026 | 09-10-2026 | 08-10-2026 | 07-10-2026 | 06-10-2026 | 05-10-2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Yields on bank debt securities outstanding | |||||||||||
| Residual maturity of more than 4 but not more than 5 years | 3.64 | 3.62 | 3.67 | 3.66 | 3.69 | 3.68 | 3.71 | 3.7 | 3.65 | 3.66 | |
| Residual maturity of more than 5 but not more than 6 years | 3.69 | 3.66 | 3.71 | 3.7 | 3.7 | 3.7 | 3.74 | 3.73 | 3.69 | 3.71 |
Understanding german bank debt securities yield, 4 to 5 years
Anchoring the standard medium-term profile for financial institutions, this specific index tracks the secondary market yield of bank debt securities with a residual maturity of more than four but not more than five years. The compilation isolates a highly critical benchmark window for corporate financing, aggressively filtering out the immediate short-end and the deeply entrenched long-end of the curve. By restricting the underlying basket exclusively to obligations issued by credit institutions, the series fundamentally separates itself from sovereign equivalents, regional government notes, and broad corporate aggregates, delivering a surgical view of intermediate banking sector borrowing costs.
Utilizing the five-year financial benchmark effectively requires an appreciation of its role as a primary barometer for mid-term corporate credit health. The securities housed in this bracket are highly sensitive to systemic economic outlooks, making the daily quotes an excellent proxy for broader risk appetite in the fixed-income space. Analysts heavily rely on comparing this specific yield against both the matched sovereign curve and shorter banking bands to evaluate the steepness of the financial credit curve. Readers should be cautious when tracking daily prints during periods of heavy primary market issuance, as a sudden flood of new five-year bank debt can temporarily distort secondary market pricing. Consequently, comparing yields on a period-on-period basis helps smooth out transient supply-driven volatility.
Frequently asked questions
- Are federal government bonds used to calculate this yield?
- No, the series strictly monitors the debt of financial institutions, keeping all central and regional government obligations completely out of the basket.
- Does the five-year band reflect long-term inflation fears?
- It primarily captures medium-term economic and credit cycles, acting as a bridge before deep, long-horizon inflation expectations truly dominate the pricing mechanism.
- Can this metric be used to assess the industrial sector?
- The basket is rigidly confined to financial sector issuers, meaning it does not directly reflect the borrowing conditions of non-financial industrial corporations.