Integrated Interim Report 2019 – Germany needs a strong rail system

Business performance

Interest rates fell slightly


German bunds (ten-year)
(%)

H1
2019

2018

Change in
(percentage points)

Average yield

+0.01

+0.46

–0.45

Highest yield

+0.28

+0.76

–0.48

Lowest yield

–0.34

+0.23

–0.57

Year-end yield

–0.33

+0.25

–0.58

Source: Thomson Reuters

In the first half of 2019, yields fell in the euro area and continued their downward trend. The interest rates of ten-year Federal bonds (bunds) were negative for the first time since October 2016. By the end of the first half of 2019, the yield had an absolute minus record.