Der tagesdurchschnittliche Umsatz der Geldaufnahme im unbesicherten Segment stieg von 120 Mrd € in der achten Mindestreserve-Erfüllungsperiode 2020 auf 121 Mrd € in der ersten Mindestreserve-Erfüllungsperiode 2021.

In the year the coronavirus pandemic began, general government debt in Germany as defined in the Maastricht Treaty was up by €275 billion to €2.332 trillion. By contrast, debt had been repaid in preceding years on the whole.

Deutsche Bundesbank together with Deutsche Börse Group and Germany’s Finance Agency have developed and successfully tested a settlement interface for electronic securities. Securities settlement using distributed ledger technology (DLT) is performed with the aid of a trigger solution in TARGET2.

Bundesbank President Jens Weidmann says financing conditions play a crucial role on the road to price stability, but there’s more to it than just glancing at the indicators. If those indicators flag changes, he states, the job of central banks is to analyse exactly how those changes came about. “I believe that financing terms should be able to evolve in line with the economic recovery in the euro area. It’s not a matter of using monetary policy to cement a particular interest rate level,” Mr Weidmann said in a speech delivered virtually in Frankfurt.