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Financial Stability Review 2017
Given the upbeat prospects for the economy as a whole, there is little risk to the stability of the German financial system at present. Yet with interest rates sitting at low levels for years now and the economy in such robust shape, there is a danger that market participants might underestimate the risks to financial stability, the Bundesbank cautions.
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External financing and economic activity in the euro area – Why are bank loans special? Discussion paper 04/2017: Iñaki Aldasoro, Robert Unger
3 MB, PDF
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The economic scene in Germany around the turn of 1996-7 Article from the Monthly report February 1997
108 KB, PDF
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Terms and conditions for the opening and operation of a T2S dedicated cash account in TARGET2-Bundesbank valid from 30.11.2018
250 KB, PDF
From a legal perspective, the DCAs in TARGET2-Securities belong to TARGET2. The TARGET2 Guideline thus also regulates the “Harmonised conditions for the opening and operation of a dedicated cash account in TARGET2”. Here, too, the ECB wanted to standardise the legal requirements as far as possible. The “Terms and conditions for a DCA” are a literal copy of the harmonised conditions. Beside the necessary editorial changes, solely a minimal amount of provisions which were not relevant to TARGET2-Bundesbank were deleted.
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Long-Run Links Among Money, Prices and Output: World-Wide Evidence Discussion paper 14/2001: Helmut Herwartz, Hans-Eggert Reimers
235 KB, PDF
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What drives the German TARGET balances? Evidence from a BVAR approach Discussion paper 12/2021: Timo Bettendorf, Axel Jochem
707 KB, PDF
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The financial markets in Germany Article from the Monthly report November 2003
401 KB, PDF
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