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German balance of payments in August 2025
Germany’s current account recorded a surplus of €8.3 billion in August 2025, down €7.3 billion on the previous month’s level. This was mainly caused by the smaller surplus in the goods account and the shift to a deficit in invisible current transactions, which comprise services as well as primary and secondary income.
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Auction result –Treasury discount paper (Unverzinsliche Schatzanweisungen – “Bubills”) of the Federal Republic of Germany
221 KB, PDF
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Building Bridges – Dialogue in a Changing World Speech at the 11th China Day
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Invitation to bid for 6-months Bills of the European Stability Mechanism (ESM)
75 KB, PDF
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EZB überarbeitet Risikokontrollrahmen für geldpolitische Kreditgeschäfte
127 KB, PDF
Die Europäische Zentralbank (EZB) hat vor Kurzem die Überprüfung ihres Risikokontrollrahmens für besicherte Kreditgeschäfte abgeschlossen. Damit soll sichergestellt werden, dass der Risikokontrollrahmen weiterhin die Risikoabsicherung, Konsistenz und Risikoäquivalenz über alle Sicherheitenkategorien hinweg gewährleistet
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Euro banknotes in circulation in Germany create small environmental footprint
Banknote circulation in Germany has a small environmental footprint. This is the result of a study commissioned by the Deutsche Bundesbank which examines the environmental impact of the issuance, distribution, use and disposal of euro banknotes.
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Environmental sustainability European Central Bank (ECB) environmental footprint study of euro banknotes as a means of payment in the Eurosystem
The total environmental impact per person of a year’s worth of average cash payments in the euro area is very low. According to the ECB study, it is equivalent to driving a standard car for eight kilometres. The Eurosystem is committed to making euro banknotes as environmentally friendly as possible, whilst ensuring cash is widely available and accepted.
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The Bundesbank as fiscal agent of the Federal Government
In its role as fiscal agent of the Federal Government the Bundesbank fulfills different tasks related to the issuance and settlement of Federal securities.
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Inflation and deflation calculator
The inflation and deflation calculator shows how a price or the purchasing power will develop in future based on a certain inflation or deflation rate.
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Expert panel on information and communication technology (ICT)
All minutes of the meetings since 2016