The market is assigning some probability to the scenario that the cash rate could be higher in 2024 than the Board's current forward guidance. [9] This expectation is being reflected in the swap rate, but not in the April 2024 bond rate, because the Bank is ensuring the bond rate remains at the target.
Seite 5 von 18 Deutsche Bundesbank, Directorate General Communications Wilhelm-Epstein-Strasse 14, 60431 Frankfurt am Main, Germany, Tel. : +49 (0)69 9566 33511, Fax: +49 (0)69 9566 33077 presse@bundesbank.de, www.bundesbank.de Reproduction permitted only if source is stated.