General Search
Multiple search words are automatically linked with "AND". Text enclosed in quotation marks (") returns only the pages in which this text occurs exactly. With the search filters next to the results you have the possibility to further limit your search.
-
-
About the PHF
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.
-
Data access and data protection
The micro data from wave one and two are available for scientific research projects.
-
-
German Maastricht debt Reporting period 2nd Quarter 2025
-
Reopening Federal bond issue – Auction result
170 KB, PDF
-
Risk of a credit valuation adjustment (CVA)
The credit valuation adjustment (CVA) framework is designed for OTC derivatives. These harbour not only market risk, but also credit risk. A deterioration in the credit quality of the derivative counterparty has a negative effect on the value of the derivative.
-
Foreign affiliates statistics (FATS) Reporting period 2023
-
Bonitätsanalyse in der Hauptverwaltung in Bayern
No English translation available
Interessierten Unternehmen bietet die Bundesbank auch unabhängig von der refinanzierungsbezogenen Bonitätsprüfung eine detaillierte Bilanzanalyse an.
-
Bonitätsanalyse in der Hauptverwaltung in Nordrhein-Westfalen
No English translation available
Interessierten Unternehmen bietet die Bundesbank auch unabhängig von der refinanzierungsbezogenen Bonitätsprüfung eine detaillierte Bilanzanalyse an.
-
German contribution to the consolidated balance sheet of the MFIs Reporting period August 2025
-
Banks Reporting period August 2025
-
Monatliche Zahlungsbilanz des Euroraums: März 2025
434 KB, PDF
Im März 2025 wies die Leistungsbilanz einen Überschuss von 51 Mrd. € auf (nach 41 Mrd. € im Vormonat).
-
Rostock 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.
-
Current issues and circulars
In this section you find a selection of previous customer information letters, guidance notices and other information on the MACCs procedure.
-
Tägliche Rendite der börsennotierten Bundeswertpapiere
100 KB, PDF
-
Reopening of two Green Federal securities – Auction result
173 KB, PDF
-
Inflation expectations Survey on Consumer Expectations
13.05.2025 DE
Average inflation expectations of households in Germany for the next 12 months rose in April for the first time this year, albeit only marginally. At 3.2%, they were 0.1 percentage point higher than in the previous two months. Once again, more than half of households expected inflation rates to rise over the next 12 months (April: 58%, March: 56%, February: 53%). Longer-term inflation expectations increased slightly as well. Average expectations for the inflation rate three years ahead were up on the month by 0.1 percentage point to 3.4%, while average expectations for the next five years declined slightly by 0.2 percentage point to 3.5%.
-
Bonitätsanalyse in der Hauptverwaltung in Rheinland-Pfalz und dem Saarland
No English translation available
Interessierten Unternehmen bietet die Bundesbank auch unabhängig von der refinanzierungsbezogenen Bonitätsprüfung eine detaillierte Bilanzanalyse an.
-
Bonitätsanalyse in der Hauptverwaltung in Berlin und Brandenburg
No English translation available
Interessierten Unternehmen bietet die Bundesbank auch unabhängig von der refinanzierungsbezogenen Bonitätsprüfung eine detaillierte Bilanzanalyse an.
-
Cash cycle
This online course is aimed at central bank employees who are interested in the national cash cycle in their country of origin or who would like to gain an insight into how the Bundesbank organises its monitoring activities.
This course will also be of particular interest to cash analysis experts or their managers.
-
Invitation to bid by auction – Reopening 10-year Federal bond
150 KB, PDF
-
Bonitätsanalyse in der Hauptverwaltung in Hamburg, Mecklenburg-Vorpommern und Schleswig-Holstein
No English translation available
Interessierten Unternehmen bietet die Bundesbank auch unabhängig von der refinanzierungsbezogenen Bonitätsprüfung eine detaillierte Bilanzanalyse an.
-
Bonitätsanalyse in der Hauptverwaltung in Bremen, Niedersachsen und Sachsen-Anhalt
No English translation available
Interessierten Unternehmen bietet die Bundesbank auch unabhängig von der refinanzierungsbezogenen Bonitätsprüfung eine detaillierte Bilanzanalyse an.
-
Koblenz 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.
-
Bonitätsanalyse in der Hauptverwaltung in Sachsen und Thüringen
No English translation available
Interessierten Unternehmen bietet die Bundesbank auch unabhängig von der refinanzierungsbezogenen Bonitätsprüfung eine detaillierte Bilanzanalyse an.
-
6-months Bills of the European Stability Mechanism (ESM) – Auction result
170 KB, PDF
-
Hoher Nettoabsatz deutscher Schuldverschreibungen im März 2025
Das Brutto-Emissionsvolumen am deutschen Rentenmarkt lag im März mit 135,1 Mrd € nur leicht unter dem Wert des Vormonats (136,7 Mrd €). Nach Abzug der Tilgungen und bei Berücksichtigung der Eigenbestandsveränderungen der Emittenten wurden im Ergebnis heimische Rentenwerte für 26,0 Mrd € begeben. Zugleich stieg der Umlauf ausländischer Schuldtitel am deutschen Markt um 19,9 Mrd €. Damit erhöhte sich der Umlauf von Schuldverschreibungen in Deutschland im März um 45,9 Mrd €.
-
Interview with Süddeutsche Zeitung and El Mundo
In a joint interview published by the Süddeutsche Zeitung of Germany and El Mundo of Spain, Bundesbank President Joachim Nagel and Banco de España Governor José Luis Escrivá discussed the impact of current US policy on the global economy, ECB Governing Council decisions and Germany’s role in the EU. “The new German government has to contribute actively to the further development of the EU and Europe. And I agree with José Luis Escrivá that Germany has to play its part in leading the EU,” Nagel said.
-
Finanzstabilität in unsicheren Zeiten Gastbeitrag von Michael Theurer in der Frankfurter Allgemeinen Zeitung
Kapitalpuffer sind wie Stoßdämpfer für das Bankensystem, die die Fahrt über holpriges Terrain erleichtern
, schreibt Bundesbank-Vorstandsmitglied Michael Theurer in seinem Gastbeitrag in der FAZ. Sie beizubehalten sei angesichts der unsicheren Aussichten für die Weltwirtschaft und der weiterhin hohen Risiken im Finanzsystem wichtig für die Finanzstabilität. -
Von der Bundesbank zur Uni und zurück: Mein Weg bei der Deutschen Bundesbank Duale Studiengänge – Zentralbankwesen (BWL) / Bachelor of Science
20.05.2025 No English translation available
Taucht ein in eine spannende Reise vom Studierenden zum Lehrbeauftragten bei an der Hochschule Deutschen Bundesbank!
-
Auction result – Federal Treasury discount paper (Bubills)
173 KB, PDF
-
Invitation to bid – Reopening of two Green Federal bonds
178 KB, PDF
-
MaRisk Minimum Requirements for Risk Management
After comments on the MaRisk draft of 15 February 2024 had been examined in detail, the official revised MaRisk were published on 29 May 2024.
-
Impulsvortrag "Finanzstabilität auch im Immobiliensektor?" 19. Immobilien-Symposium „Zwischen Stillstand und Aufbruch: Die Immobilienwirtschaft im Wandel“
-
Invitation to bid for 6-months Bills of the European Stability Mechanism (ESM)
31 KB, PDF
-
Euros on your mobile phone instead of in your pocket: Bundesbank working “at full speed” on cash revolution Interview with the “Frankfurter Rundschau”
It’s no secret that Germany loves cash. However, the pandemic and the new focus on hygiene showed that even in the Federal Republic, cashless payments can also be interesting for payments of less than €10. In Germany, just over 50 % of all payments are currently still settled using cash. In a few years’ time, it should also be possible to pay with the digital euro. Burkhard Balz, Executive Board member at the Deutsche Bundesbank, is jointly responsible for the digital currency project. On the fringes of the Ludwig-Erhard summit, he revealed in an interview with Frankfurter Rundschau what can be expected and why cash lovers actually have reason to be cheerful.
-
Cyberangriffe
No English translation available
Die Finanzsanktionen gegen Cyberangriffe, die die Union oder ihre Mitgliedstaaten bedrohen, dienen der Durchführung von Maßnahmen der Europäischen Union.
-
Beschlüsse des EZB-Rats (ohne Zinsbeschlüsse) Mai 2025
182 KB, PDF
Am 22. April 2025 beschloss der EZB-Rat nach der jährlichen Überprüfung dieser Verzeichnisse, das Verzeichnis der von der EZB zugelassenen nicht geregelten Märkte und das Verzeichnis der von der EZB anerkannten Institutionen mit öffentlichem Förderauftrag, die für eine Teilnahme am Sicherheitenrahmen des Eurosystems zugelassen sind, unverändert zu belassen.
-
The external position of the Bundesbank, International reserves and foreign currceny liquidity of the Eurosystem
Bundesbank’s external position stood at €853 billion at the end of April 2025, with claims from the TARGET2 payment system worth €1075 billion making up around 71 % of total assets. These are followed by international reserves, comprising gold and foreign exchange reserves, including the special drawing rights allocated by the International Monetary Fund (IMF), which account for a total of 20 % of assets. At 85 %, issuance of euro cash accounted for the bulk of liabilities. Deposits of non-euro area residents amount to 7 % of foreign liabilities.
-
Invitation to bid – Federal Treasury discount paper (Bubills)
188 KB, PDF
-
Anmeldung für die PRISMA-Kundentests
No English translation available
-
Announcement of auction – 6-months Bills of the European Stability Mechanism (ESM)
31 KB, PDF
-
Research Professors, Research Council and Research Fellows
-
External positions of enterprises from financial operations and trade credits
German enterprises constitute net debtors vis-à-vis non-residents: Standing at €1750 billion at the end of March 2025, their liabilities arising from financial operations and trade credits, exceeded their corresponding assets of €1459 billion by €290 billion. Compared with the previous month, this is a change of -€36 billion.
-
Acquisition of financial assets and external financing in Germany in the fourth quarter of 2024 Results of the financial accounts by sector
In the fourth quarter of 2024, German households’ nominal financial assets grew by €136 billion, totalling €9,050 billion as at the end of the year. This is now the fifth increase in succession, continuing the growth streak that has been ongoing since the end of 2023. Households increased their claims by €79 billion and generated valuation gains of €57 billion.
-
Announcement of auction – Reopening 10-year Federal bond
148 KB, PDF
-
Corporate financial statements Publications
on the topic of Corporate financial statements
-
Price stability and climate change ECB Conference on Climate and Price Stability: Navigating Inflation and Monetary Policy in the Green Transition
-
Stock data Capital links with foreign countries
At the end of 2023, Germany’s outward primary and secondary foreign direct investment (FDI) rose by €16 billion to €1,618 billion.