MacroDataHub

德国国债收益率曲线

德国国债收益率曲线与月度利率数据由德国联邦银行发布,提供最长至47年剩余期限的联邦政府债券估算收益率曲线及关键市场利率。该表还涵盖预期实际收益率,以及德国《商法典》(HGB)所规定的特定折现率。这些德国利率指标以月末值及移动平均值记录(单位为年化百分比% p.a.),历史数据自1972年起提供。

来源: 德国联邦银行(Deutsche Bundesbank)最后更新: 整理维护 Bui Thanh Phuc

正在加载图表数据…
指标09-202608-202607-202606-202605-202604-202603-202602-202601-202612-202511-202510-202509-202508-202507-202506-202505-202504-202503-202502-202501-202512-202411-202410-202409-202408-202407-202406-202405-202404-202403-202402-202401-202412-202311-202310-202309-2023
国债收益率曲线:移动平均15
剩余期限1年,移动平均2.362.272.22.142.092.031.961.921.921.941.951.982.022.062.132.222.322.462.592.72.812.882.953.043.123.213.273.33.333.33.263.223.23.163.113.012.88
剩余期限2年,移动平均2.22.152.132.122.132.152.172.182.222.242.252.282.322.372.412.462.522.562.62.632.672.692.722.722.712.692.642.542.452.342.232.11.961.831.71.551.4
剩余期限3年,移动平均2.312.32.32.32.312.312.32.32.322.332.342.342.332.322.32.252.222.192.152.12.031.961.891.811.741.671.581.51.411.311.211.121.030.940.860.770.67
剩余期限4年,移动平均2.352.322.282.232.22.162.112.072.021.961.91.841.791.731.671.611.551.51.441.391.331.271.211.161.091.040.980.920.850.780.710.640.570.520.460.40.33
剩余期限5年,移动平均1.971.91.841.781.731.671.621.561.511.461.411.361.311.251.211.161.111.071.020.970.920.880.830.790.740.70.650.60.550.490.440.40.350.310.280.230.19
剩余期限6年,移动平均1.571.511.461.411.371.321.271.221.181.141.11.061.010.970.930.890.850.810.770.740.70.670.640.610.570.550.520.490.450.410.380.350.320.290.270.230.19
剩余期限7年,移动平均1.311.251.211.171.131.091.051.010.980.950.920.890.860.830.810.780.750.720.70.670.650.630.60.580.550.530.50.480.450.420.380.360.320.30.280.250.21
剩余期限8年,移动平均1.161.121.091.061.031.010.980.950.930.910.880.860.830.810.780.760.740.710.690.660.640.610.590.570.540.520.490.460.440.410.380.360.330.310.290.270.25
剩余期限9年,移动平均1.121.091.061.031.010.990.960.930.910.890.860.840.820.790.760.740.710.690.670.640.620.60.580.570.550.530.520.50.490.460.440.420.40.390.370.350.34
剩余期限10年,移动平均1.091.061.0310.980.950.930.90.880.860.840.820.810.790.770.750.740.720.710.680.670.650.630.620.610.60.590.580.570.560.550.540.530.530.530.520.52
剩余期限11年,移动平均1.061.041.0210.990.970.950.930.910.890.870.860.850.830.820.810.80.790.790.780.770.770.760.760.760.760.750.750.740.740.730.720.710.710.70.70.69
剩余期限12年,移动平均1.091.071.051.041.031.021.01110.990.980.980.970.970.960.960.950.950.940.930.920.920.910.910.90.90.90.890.890.880.880.870.870.870.870.870.87
剩余期限13年,移动平均1.191.181.181.171.161.151.141.131.131.121.111.11.11.091.081.081.071.071.061.061.061.061.051.061.061.061.061.061.071.071.081.091.091.11.111.111.11
剩余期限14年,移动平均1.31.291.281.271.261.261.251.241.241.241.231.231.231.231.231.231.231.231.241.251.251.261.261.271.271.271.271.281.281.281.291.291.31.311.321.321.33
剩余期限15年,移动平均1.411.41.41.41.41.41.41.411.411.411.411.411.411.411.411.411.411.421.421.421.431.441.451.451.461.471.481.481.491.51.511.511.521.531.541.541.55
国债收益率曲线:月末估算值30
剩余期限1.0年,月度数据3.042.762.662.462.452.592.51222.021.961.921.961.891.91.821.781.752.012.072.22.172.232.462.442.712.953.123.363.343.293.43.122.973.263.473.58
剩余期限2.0年,月度数据3.242.892.762.52.532.712.612.022.072.112.011.972.011.921.951.831.771.71.971.972.12.021.962.242.062.322.542.793.082.982.832.972.542.352.773.013.19
剩余期限3.0年,月度数据3.292.932.792.52.552.722.622.072.162.212.092.042.0822.031.921.851.772.031.972.092.021.882.171.932.152.332.582.892.742.552.712.252.052.492.752.93
剩余期限4.0年,月度数据3.322.962.812.522.582.752.652.152.262.322.172.132.172.092.132.021.961.882.132.012.132.061.882.171.912.12.232.462.772.62.392.562.121.922.342.642.81
剩余期限5.0年,月度数据3.363.012.862.562.642.82.712.252.372.432.272.232.272.22.242.142.0722.242.082.192.131.912.211.932.092.22.42.72.532.32.482.081.882.272.622.77
剩余期限6.0年,月度数据3.43.072.922.622.712.872.782.342.482.532.372.332.372.322.342.252.182.122.352.152.262.191.962.251.982.122.22.392.662.52.272.452.081.892.272.642.77
剩余期限7.0年,月度数据3.463.142.982.692.782.942.862.442.592.632.462.422.472.432.452.352.292.222.462.222.322.262.012.32.032.162.232.42.662.492.272.452.111.922.32.672.78
剩余期限8.0年,月度数据3.513.213.052.762.863.012.932.542.692.732.562.512.572.532.542.452.382.322.552.282.382.312.052.352.092.22.262.422.672.512.282.462.151.962.342.712.81
剩余期限9.0年,月度数据3.563.273.122.832.933.0832.632.782.812.642.62.652.632.632.532.472.412.642.342.442.372.12.42.152.242.32.452.682.532.32.492.192.012.392.752.84
剩余期限10.0年,月度数据3.63.333.182.933.153.062.712.872.892.722.672.732.722.72.62.552.482.712.42.492.412.142.442.22.282.342.492.712.562.332.512.232.062.442.792.86
剩余期限11.0年,月度数据3.643.393.232.953.063.23.112.792.942.962.82.742.82.792.772.672.612.552.772.442.532.452.172.482.242.322.382.522.742.592.362.542.272.12.492.832.89
剩余期限12.0年,月度数据3.683.433.283.013.113.253.162.863.013.032.862.82.872.862.832.732.672.612.822.482.572.492.22.512.282.362.412.562.762.622.392.572.32.142.542.862.91
剩余期限13.0年,月度数据3.73.483.333.063.163.293.22.923.073.082.922.862.922.922.882.782.732.662.862.522.62.522.232.542.322.392.442.582.792.642.412.592.332.172.582.892.93
剩余期限14.0年,月度数据3.733.513.363.13.23.333.232.983.133.132.972.912.972.972.922.822.772.72.892.552.632.542.252.562.352.412.472.612.812.662.432.612.362.22.612.922.95
剩余期限15.0年,月度数据3.753.553.43.133.243.363.263.033.173.183.022.953.013.012.962.862.812.732.922.572.652.562.272.582.382.442.492.632.832.682.452.622.382.222.632.952.97
剩余期限16.0年,月度数据3.773.583.433.173.273.393.293.073.223.223.062.993.053.052.992.892.842.762.952.592.672.582.292.62.42.452.512.652.852.692.462.642.42.242.652.972.98
剩余期限17.0年,月度数据3.793.63.453.23.33.413.313.113.253.253.093.023.083.083.012.922.872.792.962.612.692.592.32.612.422.472.522.662.862.72.472.652.422.252.662.982.99
剩余期限18.0年,月度数据3.83.623.483.223.323.433.333.143.283.283.123.043.13.113.032.942.892.812.982.622.72.62.312.622.442.482.532.662.862.712.482.652.432.272.6733
剩余期限19.0年,月度数据3.823.643.53.253.343.453.353.173.313.33.153.063.123.133.052.962.912.822.992.632.712.612.312.632.452.492.542.672.872.712.482.662.442.272.683.013
剩余期限20.0年,月度数据3.833.663.523.273.363.473.363.193.333.323.173.083.143.153.062.972.922.8332.642.712.612.322.642.462.52.552.672.872.712.482.662.442.282.683.013.01
剩余期限21.0年,月度数据3.843.683.543.293.383.493.383.213.353.343.193.13.163.173.072.982.942.8432.642.722.612.322.642.472.52.552.672.872.712.482.662.452.282.683.023.01
剩余期限22.0年,月度数据3.853.693.553.33.43.53.393.233.373.363.23.113.173.183.082.992.942.853.012.652.722.622.322.642.482.512.562.672.872.712.482.652.452.282.683.023.01
剩余期限23.0年,月度数据3.863.713.563.323.413.513.43.253.393.373.223.123.183.193.0932.952.853.012.652.722.612.322.642.482.512.552.662.862.72.482.652.452.282.673.033.01
剩余期限24.0年,月度数据3.873.723.583.333.433.533.413.263.43.383.233.133.193.23.0932.952.853.012.642.722.612.322.642.482.512.552.662.852.692.472.642.442.272.673.033
剩余期限25.0年,月度数据3.883.733.593.353.443.543.423.273.413.393.233.143.193.213.132.952.853.012.642.712.612.322.632.482.52.552.652.842.682.472.632.442.272.663.023
剩余期限26.0年,月度数据3.883.743.63.363.453.553.433.283.423.43.243.143.23.223.132.952.843.012.642.712.62.312.632.482.52.542.642.832.682.462.632.432.262.653.023
剩余期限27.0年,月度数据3.893.753.613.373.463.553.443.293.433.43.253.153.23.223.132.952.843.012.632.72.62.312.622.482.492.542.632.822.672.452.622.422.252.643.022.99
剩余期限28.0年,月度数据3.893.763.623.383.473.563.453.33.433.413.253.153.213.233.132.952.833.012.622.692.592.32.612.472.492.532.622.812.662.442.612.422.242.643.012.98
剩余期限29.0年,月度数据3.93.773.633.393.483.573.463.33.443.413.253.153.213.233.12.992.942.8332.612.692.582.292.612.472.482.522.612.792.652.432.62.412.232.633.012.97
剩余期限30.0年,月度数据3.93.783.633.43.493.583.463.313.453.413.263.153.213.233.12.992.942.8232.612.682.572.292.62.462.472.512.62.782.632.422.592.42.222.6232.97
实际利率与基准利率3
预期实际收益率4
德国国债(5年期)1.030.710.630.550.60.520.430.270.340.410.210.170.180.190.150.030.09-0.040.490.240.4300.160.12-0.040.060.420.370.350.220.160.12-0.1-0.120.270.260.19
德国国债(10年期)1.341.050.990.9410.940.860.750.780.810.640.610.620.640.640.460.540.450.880.450.610.140.30.220.070.150.450.370.340.240.20.210.05-0.010.450.50.35
基于居民发行未偿还债券(5年期)1.411.10.980.910.960.90.820.640.720.750.570.50.480.490.470.360.460.390.820.570.790.350.50.50.340.470.830.780.70.580.520.540.340.30.690.810.67
基于居民发行未偿还债券(10年期)1.491.221.091.061.131.070.990.850.880.960.810.770.780.80.770.560.660.6210.610.770.340.510.480.370.440.680.690.70.620.60.610.360.320.770.970.78
银行实际利率6
隔夜存款,SUR101-2.32-2.24-1.75-2.06-2.35-2.17-1.42-1.63-1.34-1.83-1.83-1.92-1.73-1.54-1.5-1.56-1.57-1.64-1.74-1.7-1.99-1.62-1.41-1.01-1.29-1.68-1.58-1.76-1.57-1.57-1.87-2.22-2.99-2.53-3.12-3.78
约定期限1年以内存款,SUR102-0.61-0.56-0.13-0.58-0.93-0.78-0.05-0.25-0.01-0.51-0.49-0.62-0.43-0.26-0.21-0.23-0.16-0.09-0.10.06-0.110.430.751.31.120.780.890.80.991.050.760.36-0.320.25-0.38-1.22
约定期限1至2年存款,SUR103-0.25-0.210.23-0.22-0.63-0.550.1-0.060.2-0.29-0.27-0.4-0.22-0.06-0.06-0.10-0.03-0.07-0.07-0.320.280.50.990.830.510.690.50.730.720.530.22-0.430.19-0.33-1.15
约定期限2年以上存款,SUR104-0.17-0.10.33-0.09-0.46-0.380.360.220.5-0.06-0.17-0.27-0.110.090.03-0.020.04-0.07-0.1-0.06-0.480.010.210.740.40.160.310.030.550.320.15-0.09-0.51-0.02-0.78-1.51
约定通知期3个月以内存款,SUR105-2.11-2.02-1.56-1.86-2.15-1.96-1.2-1.39-1.05-1.59-1.6-1.7-1.51-1.32-1.33-1.41-1.38-1.47-1.54-1.53-1.82-1.43-1.24-0.83-1.11-1.51-1.41-1.6-1.42-1.43-1.73-2.13-2.9-2.46-3.05-3.74
约定通知期3个月以上存款,SUR106-0.92-0.88-0.45-0.8-1.13-0.95-0.16-0.35-0.05-0.51-0.48-0.52-0.25-0.030.01-0.03-0.02-0.08-0.13-0.07-0.320.130.380.810.530.140.230.010.180.14-0.19-0.64-1.48-1.07-1.79-2.62
法定基准利率1
德国民法典基准利率,月末,SU01151.521.521.521.271.271.271.271.271.271.271.271.271.271.271.272.272.272.272.272.272.273.373.373.373.373.373.373.623.623.623.623.623.623.123.123.123.12
德国商法典(HGB)第253条折现率2
10年平均值50
剩余期限1.0年1.631.61.571.551.521.51.471.451.431.411.41.381.361.351.331.311.31.281.261.241.221.21.181.161.141.121.091.071.041.020.990.960.940.910.890.860.83
剩余期限2.0年1.641.61.571.551.521.51.471.451.431.411.391.371.361.341.331.311.31.281.261.241.221.21.181.171.151.131.111.091.061.041.010.990.970.950.930.910.89
剩余期限3.0年1.661.621.591.561.541.511.491.471.451.431.411.391.381.361.351.331.311.31.281.261.241.221.21.191.171.151.131.111.091.071.051.031.010.990.980.960.94
剩余期限4.0年1.71.671.641.611.581.561.531.511.491.471.451.441.421.411.391.371.361.341.321.31.291.271.251.231.211.21.181.161.141.121.11.091.071.061.051.031.01
剩余期限5.0年1.751.721.691.661.631.611.591.561.541.531.511.491.481.461.451.431.421.41.381.361.341.321.311.291.271.261.241.221.21.191.171.161.141.131.121.111.09
剩余期限6.0年1.811.771.741.721.691.671.651.621.61.591.571.551.541.521.511.491.481.461.451.431.411.391.371.361.341.321.311.291.281.261.251.241.231.221.211.21.18
剩余期限7.0年1.861.831.81.781.751.731.711.681.671.651.631.621.61.591.571.561.551.531.511.491.471.461.441.421.411.391.381.371.351.341.331.321.311.31.291.281.27
剩余期限8.0年1.921.891.871.841.811.791.771.751.731.711.71.681.671.661.641.631.621.61.581.561.541.531.511.51.481.471.451.441.431.421.411.41.391.391.381.371.36
剩余期限9.0年1.981.951.931.91.881.861.831.811.81.781.761.751.731.721.711.71.681.671.651.631.611.61.581.571.551.541.531.521.511.491.491.481.471.471.461.461.45
剩余期限10.0年2.042.011.991.961.941.921.91.881.861.841.831.811.81.791.781.761.751.731.721.71.681.661.651.641.621.611.61.591.581.571.561.561.551.551.551.541.53
剩余期限11.0年2.12.072.042.021.991.971.951.931.921.91.891.871.861.851.841.821.811.81.781.761.741.731.711.71.691.681.671.661.651.641.631.631.621.621.621.621.61
剩余期限12.0年2.142.112.092.062.042.0221.981.961.951.931.921.911.91.891.871.861.851.831.811.791.781.761.751.741.731.721.711.71.71.691.691.681.681.681.681.67
剩余期限13.0年2.182.162.132.12.082.062.042.022.011.991.981.961.951.941.931.921.911.891.871.851.841.821.811.81.791.781.771.761.751.751.741.741.741.741.741.731.72
剩余期限14.0年2.222.192.162.142.122.12.082.062.042.032.0121.991.981.971.961.941.931.911.891.881.861.851.841.831.821.811.81.81.791.791.791.781.781.781.781.77
剩余期限15.0年2.252.222.192.172.152.132.112.092.072.062.052.032.022.0121.991.981.961.951.931.911.91.881.881.871.861.851.841.831.831.831.821.821.821.821.821.81
剩余期限16.0年2.262.232.22.182.162.142.122.12.092.072.062.052.032.022.0121.991.981.961.941.931.911.91.891.881.881.871.861.851.851.851.851.841.841.851.841.84
剩余期限17.0年2.272.242.212.192.172.152.132.112.12.082.072.062.052.042.022.0121.991.971.951.941.931.911.911.91.891.881.881.871.871.861.861.861.861.871.861.86
剩余期限18.0年2.272.252.222.22.182.162.142.122.112.092.082.072.062.052.042.022.0121.981.961.951.941.931.921.911.91.91.891.891.881.881.881.881.881.881.881.88
剩余期限19.0年2.282.262.232.212.192.172.152.132.112.12.092.082.062.052.042.032.022.011.991.971.961.951.941.931.921.921.911.91.91.91.891.891.891.91.91.91.89
剩余期限20.0年2.292.262.242.212.192.172.162.142.122.112.12.082.072.062.052.042.032.0221.981.971.961.951.941.931.931.921.921.911.911.911.911.911.911.911.911.91
剩余期限21.0年2.282.252.232.22.182.172.152.132.112.12.092.082.062.062.042.032.022.0121.981.961.951.941.941.931.921.921.911.911.911.91.911.911.911.911.911.91
剩余期限22.0年2.272.252.222.22.182.162.142.122.112.092.082.072.062.052.042.032.0221.991.971.961.951.941.931.931.921.911.911.911.91.91.911.911.911.911.911.91
剩余期限23.0年2.262.242.212.192.172.152.132.122.12.092.072.062.052.042.032.022.0121.981.971.951.941.931.931.921.921.911.911.91.91.91.91.91.911.911.911.91
剩余期限24.0年2.262.232.212.182.162.142.132.112.092.082.072.062.052.042.032.022.011.991.981.961.951.941.931.921.921.911.911.91.91.91.91.91.91.911.911.911.91
剩余期限25.0年2.252.222.22.182.162.142.122.12.092.072.062.052.042.032.022.0121.991.971.961.941.931.921.921.911.911.91.91.91.91.91.91.91.911.911.911.91
剩余期限26.0年2.232.212.192.162.142.132.112.092.082.062.052.042.032.022.0121.991.981.961.941.931.921.911.911.91.91.891.891.891.891.891.891.891.91.91.91.9
剩余期限27.0年2.222.22.172.152.132.112.12.082.062.052.042.032.022.0121.991.981.961.951.931.921.911.91.91.891.891.891.881.881.881.881.891.891.891.91.91.89
剩余期限28.0年2.212.192.162.142.122.12.092.072.052.042.032.01221.991.971.971.951.941.921.911.91.891.891.891.881.881.881.871.871.871.881.881.881.891.891.89
剩余期限29.0年2.22.172.152.132.112.092.082.062.042.032.0221.991.991.981.961.961.941.931.911.91.891.891.881.881.871.871.871.871.871.871.871.871.881.881.881.88
剩余期限30.0年2.192.162.142.122.12.082.072.052.032.022.0121.991.981.971.961.951.941.921.91.891.881.881.871.871.871.861.861.861.861.861.861.871.871.881.881.88
剩余期限31.0年2.172.152.132.12.082.072.052.042.022.011.991.981.971.961.951.941.931.921.911.891.881.871.871.861.861.861.851.851.851.851.851.861.861.861.871.871.87
剩余期限32.0年2.162.142.112.092.072.062.042.022.011.991.981.971.961.951.941.931.921.911.91.881.871.861.861.851.851.851.841.841.841.841.841.851.851.851.861.861.86
剩余期限33.0年2.152.122.12.082.062.042.032.0121.981.971.961.951.941.931.921.911.91.891.871.861.851.851.841.841.841.831.831.831.831.831.841.841.851.851.851.85
剩余期限34.0年2.142.112.092.072.052.032.0221.991.971.961.951.941.931.921.911.91.891.881.861.851.841.841.831.831.831.821.821.821.821.831.831.841.841.851.851.85
剩余期限35.0年2.122.12.082.062.042.022.011.991.981.961.951.941.931.921.911.91.891.881.871.851.841.831.831.821.821.821.821.821.821.821.821.821.831.831.841.841.84
剩余期限36.0年2.112.092.072.052.032.0121.981.971.951.941.931.921.911.91.891.881.871.861.841.831.821.821.821.811.811.811.811.811.811.811.821.821.831.831.831.83

最新值

本页序列为月度,时间跨度从1972年9月至2026年9月。来源:德国联邦银行(Deutsche Bundesbank)。

常见问题

德国国债收益率曲线的最新值是多少?
剩余期限10.0年,月度数据在2026年9月为3.6年率(%)。较2026年8月+0.3个百分点,较上年同期+0.9个百分点。
德国国债收益率曲线当前处于高位还是低位?
读数3.6年率(%)为2009年6月以来的最高水平。
德国国债收益率曲线的数据可追溯至何时?
本页序列为月度,时间跨度从1972年9月至2026年9月。来源:德国联邦银行(Deutsche Bundesbank)。本数据表中的每个序列均可查看全历史图表,并支持下载为CSV或Excel格式。
德国国债收益率曲线衡量什么?
该曲线评估德国未偿联邦政府债券的利率水平,展示剩余期限从1年至47年不等的国债收益率。
德国此类利率数据多久发布一次?
德国联邦银行按月发布收益率曲线和利率统计数据。历史时间序列可追溯至1972年。
除收益率曲线外,还包含哪些德国利率指标?
除德国联邦政府国债收益率曲线外,该数据集还包括德国的预期实际收益率和通知存款利率,同时涵盖法定基准利率以及《商法典》(HGB)规定的折现率。
德国收益率曲线数据应如何解读?
利率按年化百分比(% p.a.)表示,并按剩余期限进行分类。数据同时提供具体的月度数据点和移动平均线。