German new secured loan rate <=€1 million, up to 1 year
German new secured loan rate <=€1 million, up to 1 year stood at 4.61% 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 with collateral or guarantees | |||||||||||
| Business, Loans to non-financial corporations up to EUR 1 million with collateral and/or guarantees, with floating rate or an initial rate fixation up to 1 year, SUD524 | 4.61 | 4.3 | 4.31 | 4.29 | 4.14 | 4.02 | 4.02 | 4.01 | 3.95 | 4.11 | |
| Business, Loans to non-financial corporations over EUR 1 million with collateral and/or guarantees, with floating rate or an initial rate fixation up to 1 year, SUD527 | 3.79 | 3.73 | 3.97 | 3.56 | 3.79 | 3.41 | 3.39 | 3.55 | 3.67 |
Understanding german new secured loan rate <=€1 million, up to 1 year
Broadly defined small and medium enterprise borrowing backed by tangible security and short-term rate locks populates this specific row. The dataset captures new loans up to EUR 1 million granted to German non-financial corporations that are supported by collateral or guarantees, provided the initial rate fixation is floating or capped at one year. This effectively amalgamates the secured financing conditions for the entire SME sector operating on short-term interest horizons, decisively excluding massive corporate debt structures and completely unsecured lending. The metric is built solely on freshly minted agreements and active renegotiations occurring within the current month. Loans lacking collateral, exceeding the million-euro cap, or fixing their rates beyond twelve months are completely absent from this compilation.
Cross-referencing current figures with year-ago periods is the standard method for filtering out the seasonal funding habits common across small and mid-sized enterprises. Because the rate fixation is limited to a single year, the percentages respond vigorously to shifts in central bank policy and short-term interbank liquidity. A frequent misinterpretation involves treating this as a measure of short-term debt; while the interest percentage recalibrates quickly, the secured loan itself may be amortized over many years. As a new business indicator, it provides an immediate snapshot of current credit realities, unlike the blended averages of outstanding amounts. Post-release adjustments are exceptionally uncommon.
Frequently asked questions
- Does this category combine the smaller sub-brackets?
- Yes, it aggregates all qualifying secured loans up to the EUR 1 million ceiling that meet the short-term fixation criteria.
- Are loans fixed for exactly twelve months included?
- Yes, the parameters explicitly include initial rate fixations stretching up to and including exactly one year.
- How does the presence of collateral affect this specific data point?
- Collateral typically reduces the lender's risk, meaning these figures generally display different pricing dynamics compared to identical unsecured loans.