As of July 1, 2023 the base rate is 3.12 %. If you have not already done so, please enter the value in IKAROS under “Master Data/Financial Tables/Base Rates”.

Tip: As the base rate changes on 01.01. and 01.07. of each year, interest calculations are shown for these dates on the legal claim statement, so that the currently valid absolute interest rate is always visible. If the interest rate remains unchanged from the previous period, you can refrain from entering it and thus save space on your legal claim statement.

Link: Press release of the Bundesbank on the announcement of the base rate of interest