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DE3M

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    1.538$
  • Previous Close
    1.606$
  • 52 Week Change
    --
  • Day Range
    -0.07$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

DE3M.GBOND refers to a specific German government bond (Bund). DE indicates Germany, and G-Bond signifies it's a government bond. The "3M" likely represents a specific maturity window within the money market, possibly referencing a bond with a remaining term of around 3 months or a similar short-term duration related to the money market rates impacting its yield. This short-term nature differentiates it from longer-dated German Bunds. This bond is traded on the London Stock Exchange. The price of the DE3M.GBOND fluctuates based on factors like prevailing interest rates, investor sentiment towards German debt, and overall economic conditions in Germany and the Eurozone.

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Factors

Interest Rates: Rising interest rates generally decrease bond prices, as newly issued bonds offer higher yields, making older bonds less attractive. Conversely, falling interest rates increase bond prices.

Inflation: Higher inflation erodes the real value of future bond payments, leading to lower bond prices. Lower inflation expectations tend to increase bond prices.

Credit Rating: A downgrade in the issuer's credit rating typically lowers the bond's price, reflecting increased risk of default. An upgrade usually increases the price.

Economic Growth: Strong economic growth may lead to higher interest rates and inflation expectations, potentially lowering bond prices. Weak growth may have the opposite effect.

Market Sentiment: Overall investor optimism or pessimism can influence bond prices. Risk-averse investors often flock to bonds in times of uncertainty, driving up prices.

Supply and Demand: Increased supply of similar bonds can lower prices, while higher demand can increase them. Government bond issuance policies play a role.

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