In early 2000, the International Monetary Fund (IMF) initiated the Financial Soundness Indicators (FSI) project in response to the financial market crises of the late 1990s.

The publication of the following indicators is prescribed in the SDDS Plus data category "Central Bank survey".

The continual observation of price stability is based on analyses of price statistics. Particular attention is usually paid to the German Harmonised Index of Consumer Prices (HICP) and the national Consumer Price Index (CPI), which are both published by the Federal Statistical Office and often used throughout the EU and as inflation measures.

The continual observation of price stability is based on analyses of price statistics. Particular attention is usually paid to the German Harmonised Index of Consumer Prices (HICP) and the national Consumer Price Index (CPI), which are both published by the Federal Statistical Office and often used throughout the EU and as inflation measures.

Monthly turnover data are available for industry and the retail trade sector. Quarterly time series are published for the services sector. The results for the retail trade are also included in the calculation of private consumption.

The system of indicators gives a comprehensive overview of the situation on the property marktet, which is characterised by a clear rise in prices at a time of low interest rates.

The labour market is where enterprises' demand for the production factor labour meets household's supply of working time.

The labour cost index measures developments in labour costs per man-hour worked and is harmonised across Europe. It indicates from a cost perspective the risks to price stability and contributes to the location and competition analyses in a European comparison.

Orders received is a leading indicator for cyclical developments. The figures are compiled monthly by the Federal Statistical Office and published both as a value index and as a volume index for the manufacturing and construction sectors respectively. The number of permits granted for structural engineering work also indicates the level of economic movement to be expected in that sector.

The external position of banks shows the assets and liabilities of banks in Germany and their foreign branches and subsidiaries vis-à-vis non-residents. The microdatabase is based on the individual monthly reports of all German banks dating back to March 2002.

Operating and support hours of the Collateralmanagement Access Portal (CAP)

In 2015 the Riksbank took the initiative to hold an annual conference on macroprudential policy.

Trends in economic activity and prices in Germany and elsewhere are reflected in various types of statistics.

The Deutsche Bundesbank's range of cash payment services for cash business partners includes deposits and withdrawals of banknotes and coins.

Prices of commercial real estate – especially office and retail buildings in Germany’s seven major cities – have risen in previous years. Accordingly, net initial yields have dropped noticeably.

on the topic of balance of payments

Since December 2009, the statistics on financial vehicle corporations (FVCs) have included a quarterly survey, carried out at the end of the quarter, of the assets and liabilities of all FVCs in Germany.

The statistics on amounts outstanding of OTC derivatives are part of a survey coordinated by the Bank for International Settlements (BIS), which is conducted semi-annually by central banks in major financial centres.

The statistics on the banks' profit and loss accounts have been released on an annual basis since 1968. This involves the evaluation of the profits and losses calculated from the annual accounts which the banks must submit to the Bundesbank pursuant to section 26 of the Banking Act (Kreditwesengesetz).

What are households’ expectations? Since 2019, the Deutsche Bundesbank has been investigating this question by surveying households in Germany on a regular basis (Bundesbank Online Panel Households).

The securities holdings statistics provide a picture of the structure of securities held in Germany.

In the Federal Republic of Germany, payment services are regulated pursuant to the Payment Services Oversight Act (Zahlungsdiensteaufsichtsgesetz, ZAG).

German payment service providers operated around 103 million current accounts last year. The payment statistics published by the Deutsche Bundesbank also show that the number of transactions involving these accounts in 2017 increased compared with 2016.

The outstanding amounts of assets and liabilities resulting from the Bundesbank's financial accounts can be presented in the form of financial balance sheets for the institutional sectors.

The main refinancing operations, with a weekly frequency and a maturity of one week, are the most important monetary policy instrument used by the Eurosystem for money market management.

The financial accounts summarise financial flows in the economy and thereby contribute to the picture provided by the national accounts, which focus on the real economy. Among other things, they show whether, on balance, financial resources were taken up or made available and in what form (eg loans or shares).

On 13 March 2024, the ECB Governing Council decided on changes to the operational framework for implementing monetary policy. These changes will affect how central bank liquidity will be provided as excess liquidity in the banking system, while remaining significant over the coming years, gradually declines.

The Eurosystem’s monetary policy from 2020 was shaped by the global outbreak of the COVID-19 pandemic and the surge in inflation from 2021. This ultimately led to a series of Eurosystem policy rate hikes totalling 450 basis points (from July 2022 to September 2023).

To ensure the stable and reliable operation of its payment processing and account management applications, the Bundesbank carries out a wide range of test activities with its customers.

With the outbreak of the global financial crisis in 2007 and the turmoil it brought about in the international banking system, trust between commercial banks increasingly dwindled, which significantly hampered the redistribution of liquidity via the interbank market that is necessary for a functioning corridor system. Banks in the euro area began to hoard liquidity or not lend it indiscriminately to banks that were in need of liquidity, meaning that the short-term money market no longer facilitated the smooth distribution of liquidity. The volatility of short-term interest rates went up significantly. As a result, the ECB Governing Council adopted a series of non-standard monetary policy measures, thereby changing the way in which the operational framework is used to implement monetary policy.

The European sovereign debt crisis was characterised by the fact that some euro area countries, owing to their high levels of debt – caused in part by efforts to counter the consequences of the global financial crisis – experienced difficulties refinancing their debt and, in some cases, lost access to capital market funding. In order to protect monetary policy transmission and safeguard sufficient liquidity provision for the financial system, the ECB Governing Council adopted various non-standard measures during the course of the crisis that went beyond the scope of the usual operational framework at that time.

The Eurosystem’s monetary policy measures in the years following the European sovereign debt crisis were shaped, in particular, by a prolonged period in which inflation rates were well below the Eurosystem’s target. Against this backdrop, the ECB Governing Council decided, starting in 2014, to conduct various targeted longer-term refinancing operations (TLTROs) and launch temporary monetary policy purchase programmes in addition to the existing operational framework.

Prior to the global financial crisis starting in 2007, the Eurosystem’s operational framework for implementing monetary policy used to be a corridor system. This involved the ECB Governing Council setting three interest rates, which usually had the same distance from each other. The rates of the deposit facility and the marginal lending facility formed the lower and upper bounds of the corridor, respectively. The relevant key interest rate on the main refinancing operations was the middle of the interest rate corridor. This system aimed to steer short-term money market rates close to the main refinancing operations rate.

The Eurosystem’s operational framework for implementing monetary policy comprises the general rules for Eurosystem monetary policy instruments and procedures, by means of which the ECB Governing Council’s decisions on the implementation of monetary policy in the euro area are enacted in a decentralised manner. The Eurosystem’s monetary policy operations are executed under uniform terms and conditions in all Member States. The Bundesbank is responsible for conducting the Eurosystem’s monetary policy operations with German counterparties.

The purpose of CERT-Bundesbank is to promptly detect anomalies as well as attacks from internal and external sources.

Die Hauptrefinanzierungsgeschäfte und die längerfristigen Refinanzierungsgeschäfte werden nach einem vom Eurosystem veröffentlichten, unverbindlichen Kalender durchgeführt.

The statistics on the money markets is on money market transactions, namely on secured, unsecured and certain derivatives money market transactions, concluded by monetary financial institutions (MFIs), with the exception of money market funds.

Germany’s net international investment position (i.i.p.) rose by €564 billion in 2024. The three-dimensional account system analyses changes in the net i.i.p. from different perspectives.

Answers to frequently asked questions about applying for a job at the Bundesbank.

Erfahrenen Sie mehr über die Ausbildung im mittleren Bankdienst für die Geldbearbeitung.

Das Traineeprogramm dauert zwölf Monate und verbindet Theorie und Praxis. Sie erhalten für diese Zeit einen befristeten Arbeitsvertrag als Angestellte*r auf Basis des Tarifvertrages für den öffentlichen Dienst. Das Programm beginnt am 1. Juni und am 1. Dezember.

Germany’s gross external debt amounted to €6.6 trillion at the end of the first quarter 2025; relative to gross domestic product (GDP) it increased in the period under review.

The MaSanV details the requirements for the design of recovery plans, the content of simplified requirements for recovery plans, and the application process, conditions and the design of recovery plans by institutional protection schemes.

Confidence in a currency is rooted in cash. In Germany, it is the Bundesbank’s task to provide an adequate supply of high-quality euro banknotes and coins at all times. The Bundesbank provides retailers and banks with cash, withdraws counterfeit money from circulation and replaces damaged coins and banknotes.

The German Panel on Household Finances (PHF) is a panel survey on household finance and wealth in Germany, covering the balance sheet, pension, income, work life and other demographic characteristics of private households living in Germany. The panel survey is conducted by the Research Centre of the Deutsche Bundesbank.