Title: Prices of Three and One Half Per Cent Government Bonds for Germany Series ID: M11020DEM502SNBR Source: National Bureau of Economic Research Release: NBER Macrohistory Database (Not a Press Release) Seasonal Adjustment: Seasonally Adjusted Frequency: Monthly Units: Par=100 Date Range: 1877-07-01 to 1925-12-01 Last Updated: 2012-08-15 3:02 PM CDT Notes: Figures Are Monthly Averages. Stocks Are 4% Through September, 1897. Source: Volkswirtschaftliche Chronik This NBER data series m11020 appears on the NBER website in Chapter 11 at http://www.nber.org/databases/macrohistory/contents/chapter11.html. NBER Indicator: m11020 DATE VALUE 1877-07-01 95.75 1877-08-01 96.20 1877-09-01 96.13 1877-10-01 95.96 1877-11-01 95.40 1877-12-01 94.69 1878-01-01 95.00 1878-02-01 95.81 1878-03-01 96.14 1878-04-01 96.27 1878-05-01 95.93 1878-06-01 95.95 1878-07-01 96.07 1878-08-01 96.10 1878-09-01 95.92 1878-10-01 95.48 1878-11-01 94.94 1878-12-01 95.04 1879-01-01 95.20 1879-02-01 96.02 1879-03-01 97.20 1879-04-01 98.22 1879-05-01 98.96 1879-06-01 99.34 1879-07-01 99.09 1879-08-01 99.17 1879-09-01 98.47 1879-10-01 97.93 1879-11-01 97.15 1879-12-01 97.97 1880-01-01 97.98 1880-02-01 99.77 1880-03-01 99.58 1880-04-01 99.82 1880-05-01 100.01 1880-06-01 100.01 1880-07-01 100.53 1880-08-01 100.83 1880-09-01 100.01 1880-10-01 100.01 1880-11-01 100.00 1880-12-01 100.10 1881-01-01 100.42 1881-02-01 100.95 1881-03-01 101.24 1881-04-01 101.52 1881-05-01 101.73 1881-06-01 102.22 1881-07-01 102.33 1881-08-01 102.07 1881-09-01 101.42 1881-10-01 101.51 1881-11-01 101.10 1881-12-01 101.00 1882-01-01 100.95 1882-02-01 101.03 1882-03-01 101.29 1882-04-01 101.33 1882-05-01 101.84 1882-06-01 101.93 1882-07-01 102.00 1882-08-01 102.14 1882-09-01 101.68 1882-10-01 101.57 1882-11-01 101.46 1882-12-01 101.13 1883-01-01 101.44 1883-02-01 101.88 1883-03-01 102.15 1883-04-01 102.28 1883-05-01 102.35 1883-06-01 102.22 1883-07-01 102.19 1883-08-01 102.27 1883-09-01 102.27 1883-10-01 102.17 1883-11-01 101.97 1883-12-01 101.88 1884-01-01 102.15 1884-02-01 102.62 1884-03-01 102.87 1884-04-01 102.99 1884-05-01 102.96 1884-06-01 103.11 1884-07-01 103.20 1884-08-01 103.44 1884-09-01 103.57 1884-10-01 103.59 1884-11-01 103.54 1884-12-01 103.50 1885-01-01 103.67 1885-02-01 104.34 1885-03-01 104.49 1885-04-01 103.66 1885-05-01 104.06 1885-06-01 104.29 1885-07-01 104.35 1885-08-01 104.56 1885-09-01 104.50 1885-10-01 104.46 1885-11-01 104.29 1885-12-01 104.38 1886-01-01 104.77 1886-02-01 105.19 1886-03-01 105.66 1886-04-01 106.11 1886-05-01 105.72 1886-06-01 106.05 1886-07-01 106.51 1886-08-01 106.87 1886-09-01 106.62 1886-10-01 106.17 1886-11-01 106.21 1886-12-01 106.03 1887-01-01 106.06 1887-02-01 104.39 1887-03-01 105.69 1887-04-01 106.00 1887-05-01 106.13 1887-06-01 106.18 1887-07-01 106.70 1887-08-01 106.92 1887-09-01 106.95 1887-10-01 106.98 1887-11-01 106.62 1887-12-01 106.88 1888-01-01 107.74 1888-02-01 107.44 1888-03-01 107.55 1888-04-01 107.80 1888-05-01 107.91 1888-06-01 107.67 1888-07-01 107.88 1888-08-01 108.25 1888-09-01 108.43 1888-10-01 108.13 1888-11-01 108.22 1888-12-01 108.16 1889-01-01 108.79 1889-02-01 109.14 1889-03-01 108.89 1889-04-01 108.01 1889-05-01 108.05 1889-06-01 108.03 1889-07-01 108.29 1889-08-01 108.37 1889-09-01 107.73 1889-10-01 107.88 1889-11-01 107.56 1889-12-01 107.16 1890-01-01 107.53 1890-02-01 107.40 1890-03-01 106.68 1890-04-01 107.06 1890-05-01 107.50 1890-06-01 107.16 1890-07-01 107.27 1890-08-01 107.08 1890-09-01 106.81 1890-10-01 105.92 1890-11-01 105.48 1890-12-01 105.11 1891-01-01 106.68 1891-02-01 106.57 1891-03-01 106.43 1891-04-01 106.05 1891-05-01 105.93 1891-06-01 106.01 1891-07-01 106.02 1891-08-01 105.87 1891-09-01 105.53 1891-10-01 105.49 1891-11-01 105.56 1891-12-01 105.84 1892-01-01 106.52 1892-02-01 106.81 1892-03-01 106.71 1892-04-01 106.77 1892-05-01 106.79 1892-06-01 106.89 1892-07-01 107.09 1892-08-01 107.18 1892-09-01 107.16 1892-10-01 107.03 1892-11-01 106.85 1892-12-01 106.97 1893-01-01 107.33 1893-02-01 107.87 1893-03-01 107.69 1893-04-01 107.91 1893-05-01 107.34 1893-06-01 107.38 1893-07-01 107.62 1893-08-01 107.10 1893-09-01 106.69 1893-10-01 106.77 1893-11-01 106.54 1893-12-01 106.67 1894-01-01 107.25 1894-02-01 107.83 1894-03-01 107.78 1894-04-01 107.97 1894-05-01 107.68 1894-06-01 105.69 1894-07-01 105.93 1894-08-01 106.04 1894-09-01 105.31 1894-10-01 105.82 1894-11-01 105.90 1894-12-01 105.84 1895-01-01 106.05 1895-02-01 105.84 1895-03-01 105.71 1895-04-01 106.31 1895-05-01 106.77 1895-06-01 106.15 1895-07-01 105.87 1895-08-01 105.67 1895-09-01 104.34 1895-10-01 104.81 1895-11-01 105.15 1895-12-01 105.51 1896-01-01 105.98 1896-02-01 106.16 1896-03-01 106.32 1896-04-01 106.60 1896-05-01 106.59 1896-06-01 105.91 1896-07-01 106.04 1896-08-01 105.80 1896-09-01 104.55 1896-10-01 104.03 1896-11-01 103.91 1896-12-01 103.81 1897-01-01 103.97 1897-02-01 104.35 1897-03-01 103.95 1897-04-01 103.97 1897-05-01 104.01 1897-06-01 103.93 1897-07-01 103.93 1897-08-01 103.79 1897-09-01 103.29 1897-10-01 102.85 1897-11-01 102.81 1897-12-01 102.89 1898-01-01 103.40 1898-02-01 103.98 1898-03-01 103.80 1898-04-01 103.28 1898-05-01 103.16 1898-06-01 102.85 1898-07-01 102.60 1898-08-01 102.34 1898-09-01 101.90 1898-10-01 101.71 1898-11-01 101.39 1898-12-01 101.37 1899-01-01 101.61 1899-02-01 101.65 1899-03-01 100.99 1899-04-01 100.53 1899-05-01 100.77 1899-06-01 99.85 1899-07-01 100.03 1899-08-01 99.39 1899-09-01 98.40 1899-10-01 97.99 1899-11-01 98.14 1899-12-01 97.65 1900-01-01 98.44 1900-02-01 98.02 1900-03-01 96.18 1900-04-01 96.78 1900-05-01 95.40 1900-06-01 95.30 1900-07-01 94.99 1900-08-01 94.84 1900-09-01 94.10 1900-10-01 94.46 1900-11-01 95.26 1900-12-01 96.07 1901-01-01 97.04 1901-02-01 98.33 1901-03-01 98.17 1901-04-01 98.24 1901-05-01 98.54 1901-06-01 99.88 1901-07-01 101.02 1901-08-01 101.15 1901-09-01 100.41 1901-10-01 100.46 1901-11-01 100.45 1901-12-01 100.80 1902-01-01 101.67 1902-02-01 102.12 1902-03-01 101.93 1902-04-01 101.79 1902-05-01 101.84 1902-06-01 102.10 1902-07-01 102.43 1902-08-01 102.77 1902-09-01 102.19 1902-10-01 101.93 1902-11-01 101.93 1902-12-01 102.07 1903-01-01 102.84 1903-02-01 103.04 1903-03-01 102.73 1903-04-01 102.78 1903-05-01 102.56 1903-06-01 101.94 1903-07-01 102.30 1903-08-01 101.95 1903-09-01 101.40 1903-10-01 101.74 1903-11-01 102.05 1903-12-01 102.25 1904-01-01 102.54 1904-02-01 102.11 1904-03-01 101.73 1904-04-01 101.89 1904-05-01 101.94 1904-06-01 102.02 1904-07-01 102.03 1904-08-01 102.27 1904-09-01 102.03 1904-10-01 101.61 1904-11-01 101.44 1904-12-01 101.65 1905-01-01 101.88 1905-02-01 102.37 1905-03-01 102.01 1905-04-01 101.72 1905-05-01 101.43 1905-06-01 101.32 1905-07-01 101.24 1905-08-01 101.11 1905-09-01 100.86 1905-10-01 100.71 1905-11-01 100.66 1905-12-01 100.70 1906-01-01 100.91 1906-02-01 101.23 1906-03-01 100.80 1906-04-01 100.48 1906-05-01 100.11 1906-06-01 99.65 1906-07-01 99.55 1906-08-01 98.94 1906-09-01 98.76 1906-10-01 98.04 1906-11-01 97.93 1906-12-01 98.08 1907-01-01 98.11 1907-02-01 97.72 1907-03-01 96.51 1907-04-01 95.91 1907-05-01 94.67 1907-06-01 93.62 1907-07-01 93.51 1907-08-01 92.37 1907-09-01 93.56 1907-10-01 94.12 1907-11-01 93.21 1907-12-01 92.65 1908-01-01 93.63 1908-02-01 92.84 1908-03-01 92.05 1908-04-01 91.49 1908-05-01 91.39 1908-06-01 91.82 1908-07-01 91.82 1908-08-01 92.04 1908-09-01 92.24 1908-10-01 92.66 1908-11-01 94.41 1908-12-01 94.52 1909-01-01 95.04 1909-02-01 96.39 1909-03-01 95.84 1909-04-01 96.26 1909-05-01 95.91 1909-06-01 95.24 1909-07-01 95.49 1909-08-01 95.49 1909-09-01 94.77 1909-10-01 93.71 1909-11-01 93.50 1909-12-01 94.11 1910-01-01 94.27 1910-02-01 94.14 1910-03-01 93.62 1910-04-01 93.37 1910-05-01 93.06 1910-06-01 93.00 1910-07-01 93.22 1910-08-01 93.04 1910-09-01 92.39 1910-10-01 92.43 1910-11-01 92.41 1910-12-01 93.11 1911-01-01 94.30 1911-02-01 94.50 1911-03-01 94.30 1911-04-01 93.96 1911-05-01 93.90 1911-06-01 93.75 1911-07-01 93.80 1911-08-01 93.36 1911-09-01 92.47 1911-10-01 91.90 1911-11-01 91.86 1911-12-01 91.76 1912-01-01 91.57 1912-02-01 91.06 1912-03-01 90.54 1912-04-01 90.67 1912-05-01 90.30 1912-06-01 90.00 1912-07-01 90.01 1912-08-01 89.74 1912-09-01 88.98 1912-10-01 88.52 1912-11-01 88.41 1912-12-01 87.76 1913-01-01 88.66 1913-02-01 88.33 1913-03-01 86.63 1913-04-01 86.81 1913-05-01 86.43 1913-06-01 84.97 1913-07-01 84.46 1913-08-01 84.27 1913-09-01 84.28 1913-10-01 84.71 1913-11-01 85.07 1913-12-01 85.26 1914-01-01 86.04 1914-02-01 87.34 1914-03-01 86.33 1914-04-01 86.97 1914-05-01 86.82 1914-06-01 86.56 1914-07-01 86.25 1914-08-01 . 1914-09-01 . 1914-10-01 . 1914-11-01 . 1914-12-01 . 1915-01-01 . 1915-02-01 . 1915-03-01 . 1915-04-01 . 1915-05-01 . 1915-06-01 . 1915-07-01 . 1915-08-01 . 1915-09-01 . 1915-10-01 . 1915-11-01 . 1915-12-01 . 1916-01-01 . 1916-02-01 . 1916-03-01 . 1916-04-01 . 1916-05-01 . 1916-06-01 . 1916-07-01 . 1916-08-01 . 1916-09-01 . 1916-10-01 . 1916-11-01 . 1916-12-01 . 1917-01-01 . 1917-02-01 . 1917-03-01 . 1917-04-01 . 1917-05-01 . 1917-06-01 . 1917-07-01 . 1917-08-01 . 1917-09-01 . 1917-10-01 . 1917-11-01 . 1917-12-01 . 1918-01-01 . 1918-02-01 . 1918-03-01 . 1918-04-01 . 1918-05-01 . 1918-06-01 . 1918-07-01 . 1918-08-01 . 1918-09-01 . 1918-10-01 . 1918-11-01 . 1918-12-01 . 1919-01-01 68.33 1919-02-01 68.11 1919-03-01 63.91 1919-04-01 63.48 1919-05-01 58.62 1919-06-01 58.15 1919-07-01 66.13 1919-08-01 64.52 1919-09-01 66.82 1919-10-01 67.13 1919-11-01 63.55 1919-12-01 60.18 1920-01-01 . 1920-02-01 . 1920-03-01 . 1920-04-01 . 1920-05-01 . 1920-06-01 . 1920-07-01 . 1920-08-01 . 1920-09-01 . 1920-10-01 . 1920-11-01 . 1920-12-01 . 1921-01-01 61.82 1921-02-01 65.95 1921-03-01 66.10 1921-04-01 64.65 1921-05-01 68.15 1921-06-01 69.18 1921-07-01 69.93 1921-08-01 68.20 1921-09-01 67.42 1921-10-01 64.48 1921-11-01 68.00 1921-12-01 72.86 1922-01-01 73.38 1922-02-01 74.11 1922-03-01 85.39 1922-04-01 90.09 1922-05-01 85.15 1922-06-01 85.77 1922-07-01 89.96 1922-08-01 114.51 1922-09-01 131.07 1922-10-01 127.79 1922-11-01 237.50 1922-12-01 271.08 1923-01-01 475.00 1923-02-01 660.00 1923-03-01 664.00 1923-04-01 617.00 1923-05-01 529.00 1923-06-01 2558.00 1923-07-01 5746.00 1923-08-01 53357.00 1923-09-01 2172270.00 1923-10-01 1603.00 1923-11-01 182583.00 1923-12-01 304923.00 1924-01-01 3.90 1924-02-01 3.70 1924-03-01 3.10 1924-04-01 2.41 1924-05-01 2.00 1924-06-01 4.55 1924-07-01 6.80 1924-08-01 12.10 1924-09-01 10.00 1924-10-01 9.10 1924-11-01 9.90 1924-12-01 9.70 1925-01-01 10.10 1925-02-01 8.70 1925-03-01 7.10 1925-04-01 5.95 1925-05-01 4.60 1925-06-01 5.43 1925-07-01 2.75 1925-08-01 3.23 1925-09-01 2.85 1925-10-01 2.73 1925-11-01 1.93 1925-12-01 2.23