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Bundesbank: Risks to the German financial system have increased
06.11.2025 DE
The risks to the German financial system have increased, as reported in the Bundesbank’s latest Financial Stability Review.
The German economy is faced with structural challenges, and the high valuations in equity and bond markets pose the risk of larger, sudden market price corrections,
Bundesbank Executive Board member Michael Theurer said at the presentation of the Financial Stability Review in Frankfurt. -
Addresses and contacts
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Auction result - Federal Treasury discount paper (Bubills)
214 KB, PDF
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2020 – 50th anniversary of the Warsaw genuflection
On 8 October 2020, the German government will issue a €2 commemorative collector’s coin “50th anniversary of the Warsaw genuflection”.
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2019 – 30th anniversary of the fall of the Berlin Wall
As of 10 October 2019, the German Federal government will issue a german €2 commemorative collector’s coin marking the 30th anniversary of the fall of the Berlin Wall. The mint condition coins can be purchased at all Bundesbank branches as they become available.
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Damaged money
The Bundesbank will replace damaged euro and Deutsche Mark banknotes if more than half of the note is presented or it can be proved that the missing (larger) part of the banknote has been destroyed.
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Joachim Nagel bei Euro20+: „Setzt den Kurs für eine bessere Welt“
10.11.2025 No English translation available
Setzt den Kurs für eine bessere Welt, gestaltet sie, denn sie gehört Euch
, ermutigte Bundesbankpräsident Joachim Nagel die rund 200 jungen Teilnehmenden des Events Euro20+ in seinen Eröffnungsworten. Zwei Tage lang diskutierten junge Menschen mit Nagel, Fed-Vize Philip N. Jefferson, Frank Elderson (EZB) und Expertinnen und Experten aus Finanzbranche, Politik und Medien über aktuelle wirtschaftspolitische Themen in Frankfurt am Main. -
Ulm branch
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.
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2022 – 35 years of the Erasmus programme
At the initiative of the European Commission, a €2 coin with a single national design will be issued by all euro area Member States to mark the 35th anniversary of the Erasmus programme. Against this backdrop, the German government has decided to mint a €2 commemorative coin to mark 35 years of the Erasmus programme, to be put in circulation starting on 1 July 2022.
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Back to the roots: central banks and financial stability Welcome address for the event “The Bundesbank’s Financial Stability Review at 20: challenges of yesterday, today and tomorrow”