Bundesbank’s external position stood at €837 billion at the end of June 2026, with claims from the TARGET2 payment system worth €1043 billion making up around 67 % of total assets. These are followed by international reserves, comprising gold and foreign exchange reserves, including the special drawing rights allocated by the International Monetary Fund (IMF), which account for a total of 24 % of assets. At 84 %, issuance of euro cash accounted for the bulk of liabilities. Deposits of non-euro area residents amount to 9 % of foreign liabilities.

Digital sovereignty is key to ensuring that Germany and Europe remain competitive and capable of action, explains a paper published by Fritzi Köhler-Geib, member of the Executive Board of the Deutsche Bundesbank, together with Claudia Plattner, President of the Federal Office for Information Security, and Kristina Sinemus, Hesse’s Minister for Digitalisation and Innovation. In the paper, they propose implementation-oriented measures for strengthening digital sovereignty.

Die Finanzsanktionen gegen die Verbreitung und den Einsatz chemischer Waffen dienen der Durchführung von Maßnahmen der Europäischen Union.

In TIPS there are two regular releases scheduled per year – one following the second weekend of June and one following the third weekend of November. The dates have been coordinated with the releases in the other TARGET Services. This area contains information on the content as well as milestone planning of the releases.