TARGET2 offers its participants settlement services in euro, with settlement in central bank money. Every euro payment that is to be settled in real time and in central bank money can be settled via TARGET2.

In cooperation with the Dutch and Swedish central banks, the Bundesbank invited participants to an international conference on macroprudential topics. This year’s event in Eltville am Rhein addressed issues such as tackling interest rate risk, capital buffers for banks and non-standard monetary policy. The keynote speaker was Tobias Adrian of the International Monetary Fund (IMF).