Double rate shock – biggest increase in 20 years

Double rate shock - biggest increase in 20 years
dark clouds over frankfurt

Various factors are currently driving up the financing cost in the corporate sector.


(Photo: Reuters)

frankfurt The situation in German corporate debt has worsened since the beginning of the year. Between December 2021 and the end of March, the average interest rate on five-year loans rose from 1.45 percent to 2.65 percent — an increase of nearly 80 percent.

This is shown by a study conducted by fintech tailors, experts in digital financing for small and medium-sized enterprises, prepared for the newspaper Handelsblatt. Taylor was supported by analysis house Barco Consulting.

The sharp rise occurred in two jumps of historical proportions: Between December 19 and February 11, interest rates rose 0.78 percentage points. There was another increase of 0.78 percentage points in March after interest rates fell slightly.

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