The UnitPlus Overnight Deposit Index for Businesses

Complete transparency on current and historical interest rates on corporate overnight deposit accounts. Our index shows for the first time the average overnight deposit interest rates for businesses over the past 20 years. This allows for better assessment and comparison of current interest rate offers.

Together with Barkow Consulting, a leading financial consulting and analysis firm, we have developed this index specifically for businesses. This provides full transparency and insight into current overnight deposit interest rates for the first time.

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Interest rates for businesses have been declining since January 2024:

1.78%

Current average interest rate on corporate overnight deposit accounts

The UnitPlus Overnight Deposit Index for Businesses shows that many banks have only partially passed on interest rate hikes to businesses. Moreover, the index indicates that interest rates have been declining since January, even though the ECB only lowered the key interest rate in June.

Corporate overnight deposit interest rate at its lowest level since 10/23

UnitPlus Overnight Deposit Index for Businesses

Overnight deposits, Germany, interest rate, businesses, by month, in % p.a.

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Source: BC Data, Barkow Consulting

Banks only pass on half of the interest rates to businesses

UnitPlus Overnight Deposit Index for Businesses

Overnight deposits vs €STR, Germany, interest rate, businesses & individuals, by month, in % p.a.

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Source: BC Data, Barkow Consulting

Long-term Development

In the long-term view of corporate overnight deposit interest rates, it is noticeable that banks have only partially passed on the interest rate increase since 2022 to businesses. This contrasts with the high-interest period between 2006 and 2008 when overnight deposit interest rates were still at a similar level to the ECB’s key interest rate.

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The UnitPlus Overnight Deposit Index for Businesses

Here you can download the complete study with additional information.

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Want to learn more about the methodology of the index? Then read our blog post!

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Press Information

Are you a journalist and want to report on the Overnight Deposit Index?

Then feel free to contact us at presse@unitplus.eu.

Always optimally invested with UnitPlus Business

Does your business want to be optimally invested through every interest rate environment and thus become independent of overnight deposit offers? Then we have developed the right solution for your business with UnitPlus Business. Achieve an annual interest yield of 3.68%, which is significantly higher than the average interest rate on overnight deposit accounts.

Deposits and withdrawals are fully flexible at any time, and as special assets, the company’s capital is fully protected.

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As of September 2024, before costs of 0.25%–0.4%