With MACCs, the Deutsche Bundesbank offers its counterparties a modern and customer-friendly way to use credit claims as eligible collateral.

Die Finanzsanktionen angesichts der Lage in Guatemala dienen der Durchführung von Maßnahmen der Europäischen Union. 

The ECB requires credit institutions to hold compulsory deposits on accounts with the national central banks: these are called “minimum” or “required” reserves. The amount of required reserves that each credit institution has to hold is determined by its reserve base multiplied by a minimum reserve ratio.

The average inflation expectations for the next 12 months among households in Germany fell significantly between April and May. At 2.8 %, they were 0.4 percentage point below the previous month’s figure. For the first time since October 2024, less than half of households (45 %) expected inflation rates to rise over the next 12 months. Longer-term inflation expectations declined in May as well. Average expectations for the inflation rate three years ahead were down on the month by 0.4 percentage point to 3.0 %, whilst expectations for average inflation over the next five years declined by 0.2 percentage point to 3.3 %.

Aktuelle Vorträge, Fortbildungen, Ausstellungen und weitere Veranstaltungen der Hauptverwaltung in Baden-Württemberg

In this section you find a selection of previous customer information letters, guidance notices and other information on the MACCs procedure.

Detailed information on the individual criteria for eligible assets may be found in part 4 of "Guideline (EU) 2015/510 of the European Central Bank of 19 December 2014 on the implementation of the Eurosystem monetary policy framework (ECB/2014/60)".