Savers can sell savings bonds prematurely – 95 billion euros set German savers in savings for up to ten years so far savers premature return fees and penalty interest rates or expensive interim must accept checkout – German savings bond market makes commercially these savings bonds – for savers within a maximum of six days of good news for millions of German savers who have invested their money in savings bonds and savings bank letters of German savings banks, cooperative banks and banks. With the newly founded German savings bond exchange, they receive a new flexibility for this very popular in Germany and trustee Festgeldanlage. 95 Billion euros set German savers after the latest Bundesbank statistics in savings bonds with a maturity of up to 10 years. Savers were instructed, so far largely on the goodwill of the banks if they needed money before the end of term, now allows the German savings bond Exchange under sparbriefborse.de sale to private or institutional to record or to exploit high-yield credit framework. To the detriment of savers who actually have the money would now but have to pay expensive interest rates to bridge. German savings bond market: consumer protections apply financial market the German stock market savings bond purchases savings bonds and savings bank letters of the approximately 2,500 credit approved in Germany by the federal financial supervisory authority (BFin). A savings bond is legally tradable, savers receives an offer calculated taking into account interest rates and remaining maturity within three working days.
Savers accepts the offer, he will receive from the purchase price within three additional working days. Not cost him. Managing Director Bjorn Meschkat particularly important is that the German savings bond exchange offers its services in the sense of the consumer. For this reason, it has Prof. Dr. Kai-Oliver Knops, Professor of consumer protection at the University of Hamburg and New Council of of consumer member of BFin as shareholders can win.