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Professor Joachim Nagel President of the Deutsche Bundesbank, Member of the Governing Council of the European Central Bank
Since January 2022
President of the Deutsche Bundesbank
Member of the Governing Council of the ECB -
10 Euro banknote
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Bank Lending Survey for Germany
Since January 2003, the Eurosystem has carried out a quarterly bank lending survey (BLS) to expand its knowledge about the role of lending in the monetary transmission mechanism and thus to obtain additional information for monetary policy analysis.
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Oldenburg 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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Bundesbank: risks to the German financial system have increased Financial Stability Review 2025 sees challenges from geopolitical tensions, trade conflicts and rising government debt
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5 Euro banknote
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Beschlüsse des EZB-Rats (ohne Zinsbeschlüsse)
211 KB, PDF
Am 1. Oktober 2025 erließ der EZB-Rat den Beschluss EZB/2025/30 zur Änderung des Beschlusses (EU) 2016/948 zur Umsetzung des Programms zum Ankauf von Wertpapieren des Unternehmenssektors (EZB/2016/16). Mit dem Beschluss wird das Rahmenwerk für Zwischenziele zur Emissionsreduktion für APP- und PEPP-Unternehmensanleihen rechtlich umgesetzt.
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EU legislation
At the European level, sources of law are the regulations, which are directly applicable in all member states, and the directives, which have to be transposed into national law.
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Invitation to bid – Reopening Treasury discount paper of the Federal Republic of Germany (Unverzinsliche Schatzanweisungen – “Bubills”)
194 KB, PDF