As part of the federal funding program, the broadband projects also incur financing costs for the entire duration of the project, which are included in the projects. In order to balance out the financing costs of a project, expenditure and income are discounted. The project sponsor checks the financing plan for each application and determines the amount of project-specific financing costs. As long as these are not proven, the interest rates that companies achieve with their corporate bonds and which have comparable terms to the project term can be selected as an alternative.
The interest rates of bonds issued by telecommunications companies with a regional connection to the funding area (Germany) should be selected. This approach, which the project sponsor is instructed to follow, also ensures a clear link to the borrowing costs.