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Annual Report 2019
1 MB, PDF
In 2019, the Bundesbank achieved a net profit of 5.8 billion euros. After adjustment of the reserves, the net profit is 5.9 billion euros, the highest net profit since 2008, which the Bundesbank transferred in full to the Federal Ministry of Finance.
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Equity premium predictability over the business cycle Emanuel Moench, Tobias Stein
908 KB, PDF
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German gold reserves Press briefing with Carl-Ludwig Thiele
Last year, the Deutsche Bundesbank successfully completed the transfer of its gold stocks from New York. "
The realisation of the gold storage plan is therefore well ahead of the original schedule
," said Carl-Ludwig Thiele, Member of the Bundesbank’s Executive Board, at a press conference in Frankfurt am Main. -
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"When gold and silver go on holiday..."- Rye money and rye loans during the Weimar Republic
407 KB, PDF
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Annual Report 2018
469 KB, PDF
The Bundesbank posted a profit of € 2.5 billion for the 2018 financial year, representing a year-on-year increase of € 0.5 billion. This increase was due to higher interest income, noted Bundesbank President Jens Weidmann.