German new corporate loan rate >€1 million, 3-12 months
German new corporate loan rate >€1 million, 3-12 months stood at 3.85% in Aug 2026, according to Deutsche Bundesbank. It is one of the indicators in the Bank interest rates table (Value · Monthly), with a complete series running from Jun 2010 to Aug 2026. The complete series with an interactive chart, free to download.
This indicator in the Bank interest rates table
| Indicator | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Loans to non-financial corporations | |||||||||||
| Business, Loans to non-financial corporations over EUR 1 million with an initial rate fixation of over 3 months and up to 1 year, SUD150 | 3.85 | 4.02 | 3.86 | 3.63 | 3.67 | 3.89 | 3.59 | 3.69 | 3.57 | 3.49 | |
| Business, Loans to non-financial corporations up to EUR 0.25 million with an initial rate fixation of over 3 months and up to 1 year, SUD138 | 4.7 | 4.44 | 4.31 | 4.23 | 4.2 | 4.1 | 4.09 | 4.06 | 3.93 | 4.04 |
Understanding german new corporate loan rate >€1 million, 3-12 months
Top-tier corporate funding arrangements maintaining steady interest for up to a year construct this specific measure. This series counts loans to German non-financial corporations that exceed the EUR 1 million threshold and feature an initial rate fixation of over three months up to one year. It represents the borrowing conditions for major enterprise projects and substantial working capital needs, separating these large-scale capital injections from smaller loans under a million euros. The underlying contracts are exclusively new business, encompassing freshly originated debt and significant renegotiations of existing terms. It specifically excludes overnight borrowing, genuinely floating rates locked for under three months, and any debt carrying a fixation period stretching beyond a single year.
Tracking month-to-month changes offers the clearest view into how prime corporate lending reacts to shifting short-term yield curves. However, analyzing year-on-year differences helps analysts discount the structural seasonality often seen in corporate balance sheet management near fiscal year-ends. It is vital to remember that a short fixation window does not necessarily mean a short loan lifespan; these large principals may be amortised over decades despite the frequent rate resets. Preliminary figures are usually robust upon release, though minor corrections may surface if major syndicates retroactively amend the reported terms of large-scale corporate facilities.
Frequently asked questions
- What constitutes new business in this context?
- It covers entirely new credit agreements as well as existing loans where the interest terms have been freshly renegotiated during the reporting month.
- Are these exclusively short-term loans?
- The category restricts the interest rate fixation to a maximum of one year, but the overarching loan contract may last much longer.
- How does this differ from the outstanding amounts metric?
- This measures the pricing of current month transactions, whereas outstanding series capture the blended rate of all historical, unpaid loans.