The monthly report contains: The euro and prices two years on, The new MFI interest rate statistics - methodology for collecting the German data, Payment system oversight - a contribution to the stability of the financial system and the efficiency of payment operations.

The following “Special terms and conditions” contain the legal requirements for internet-based participation in TARGET2-Bundesbank. Due to the Eurosystem’s attempt to standardise the legal requirements for participation in TARGET2 as far as possible (see section above), this document was prepared on the basis of the “Supplemental and modified harmonised conditions for the opening and operation of a PM account in TARGET2 using internet-based access”, which were adopted within the framework of the TARGET2 Guideline. Beside the necessary editorial changes, solely a minimal amount of provisions which were not relevant to TARGET2-Bundesbank were deleted.

The monthly report contains: Appendix – Discussing the growth and prosperity gap between the United States and the euro area, Economic conditions in Germany, Financial markets in Germany, Foreign trade and payments, The international and European setting, Public finance, Seventh Act amending the Bundesbank Act.