The branches of the Bundesbank supply the economy with euro banknotes and coins, and offers private customers the opportunity to exchange D-Mark banknotes and coins free-of-charge and with no fixed deadline.

The term structure of interes rates in the debt securities market shows the connection between the interest rates and maturities of default-free zero coupon bonds.

In spite of many burdens, the German economy grew more strongly than expected at the beginning of 2026 – partly because industry proved to be quite resilient. However, the labour market continued to deteriorate and the consequences of the war in Iran are clouding the outlook for the German economy in the second quarter.

Commercial property prices in Germany increased by 2.1 % on the year in the first quarter of 2026. This means the rise that had begun in mid-2024 continued almost unchanged.

Our new representatives provide a personal insight into their tasks at the Consulate General in Mumbai and at the OECD in Paris.

Since 2006 the Deutsche Bundesbank's research centre has organised its spring conference, often jointly with other institutions like the Banque de France.

During his visit to the House of the Euro in Brussels, Bundesbank President Nagel said in a keynote speech, „The digital euro has moved far beyond a technical concept – it is now a political project for more sovereignty”. These remarks came ahead of a panel discussion on the digital euro and its significance for Europe’s strategic autonomy.

With new cooperation agreements, the Bundesbank is strengthening its relations with the central banks of Chile and Argentina. The formal partnerships are intended to promote dialogue and an exchange of ideas on topics relating to central banking, such as innovation and cash management, and to facilitate joint projects.

Rising oil prices, higher inflation and the rupee at a record low – India is hit hard by the consequences of the West Asia crisis. At the same time, consumption and investment are supporting high growth. An exclusive expert forum in Mumbai analyses developments.