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Official Bank Discount Rate for Germany (M13015DEM156NNBR)


Jan 1925: 10.0  
Updated: Aug 20, 2012


Not Seasonally Adjusted


1Y | 5Y | 10Y | Max


Source: National Bureau of Economic Research  

Release: NBER Macrohistory Database  

Units:  Percent, Not Seasonally Adjusted

Frequency:  Monthly


When Rates Changed During A Month NBER Weighted Each Rate By The Number Of Days It Was In Effect. On December 29, 1923 The Rate Changed From 90% To 10% For Gold Mark Paper Only. The December Figure Presented Here Is Based On The 90% Rate; January 1924 Marks The Beginning Of The 10% Gold Mark Period. Source: Data For 1876-1925: Die Reichsbank, 1876-1910 Edition, Pp. 196-197; 1901-1925 Edition, Pp. 90-91. Data For 1925-1934: Verwaltung Bericht Der Reichsbank. Data For 1935: Wirtschaft Und Statistik. Data For 1936-1938: Annual Report Of The Federal Reserve Board, 1936, P. 121; And Successive Issues.

This NBER data series m13015 appears on the NBER website in Chapter 13 at

NBER Indicator: m13015

Suggested Citation:

National Bureau of Economic Research, Official Bank Discount Rate for Germany [M13015DEM156NNBR], retrieved from FRED, Federal Reserve Bank of St. Louis;, July 5, 2022.


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