The German Federal Ministry of Finance (BMF) announced on 2 January 2015 the risk-free rate for use of the simplified capitalised earnings method (Ertragswertverfahren) for valuations compiled as of 1 January 2015 onwards. The new rate is 0.99%.
The rate has changed as follows over the last five years:
Year | Risk-free rate |
2014 | 2,59% |
2013 | 2,04% |
2012 | 2,44% |
2011 | 3,43% |
2010 | 3,98% |