Glossary entry

German term or phrase:

Stufenzinsprodukt

English translation:

stepped-rate products

Added to glossary by silvia glatzhofer
Mar 15, 2010 09:30
14 yrs ago
German term

Stufenzinsprodukt

German to English Bus/Financial Finance (general)
Jahresabschluss einer Bank, Punkt Kredite
Die Nachfrage nach Wohnbaukrediten nahm ab. Besonderer Beliebtheit erfreuten sich unsere Stufenzinsprodukte.
products with gradual interest rates?

Proposed translations

+1
1 hr
Selected

stepped(-)rate products

In these kinds of products (loans in this case), repayments are low to begin with and increase over the term of the loan or - less frequently I assume - vice-versa.

There are also such things as "stepped-rate bonds"...

In both cases, the "step-up/step-down" increments can be either fixed or variable.

http://www.hm-treasury.gov.uk/d/miles04_470[1].pdf

Peer comment(s):

agree RobinB : In Germany at least, these are almost invariably step-up or (less commonly) step-down bonds.
10 hrs
Nice to see you on the boards (and you lot were so unlucky at the weekend; I'll be at Croke Park next Saturday cheering for Scotland to make amends for the crappy pro-England reffing at Murrayfield).
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4 KudoZ points awarded for this answer. Comment: "danke"
+2
3 mins

staggered interest rate products

I think "staggered" is the preferred term in financial circles.
Peer comment(s):

agree Rolf Keiser
12 mins
Thanks!
neutral TonyTK : Never heard of this term in this specific context. If you can back it up in any way, I'd be happy to change my comment.
1 hr
agree Eleanore Strauss
14 hrs
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1 day 1 hr

tiered interest (rate) product

At least in our banking software it's "tiered interest", but it also seems to be more widely accepted in the rest of the world when googling it in parentheses there are 19,200 hits as opposed to some 650 for "staggered interest". In Verbindung mit "mortgage" sind wir bei 5.100 : 270.
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