Pursuant to Eurosystem rules, auctions may be used alongside bilateral transactions as a supplementary procedure for specific market segments under the public sector purchase programme (PSPP). Within this framework, the Bundesbank conducts one multi-ISIN auction covering up to 10 securities on the second and fourth Thursday of every month. Advance notice for the auctions is issued on the Friday prior to the relevant auction.

Macroprudential tools can usually be distinguished by the legal binding force of intervention that they entail. They can be broken down into "soft" (communication), "medium" (warnings and recommendations) and "hard" (intervention) tools.

Der Zinssatz des GLRG-II orientiert sich an der Nettokreditvergabe der Institute. Eine Übersicht finden Sie hier.

The Retail Payment System (RPS) is a payment transaction platform operated by the Deutsche Bundesbank for the cost-effective settlement of non-urgent payments.

Counterfeit banknote detectors range from magnifying glasses to UV lamps to electronic devices with built-in testers. When choosing what device to buy, it is usually advisable to give preference to devices which can check more than one banknote security feature.

The Deutsche Bundesbank checks on a daily basis the eligibility of all of the securities admitted for trading or traded in Germany against the eligibility criteria and reports eligible securities to the ECB. Every business day (at 18.15), the ECB publishes its list of eligible marketable assets.

The Deutsche Bundesbank generally provides to other central banks the same range of services available to cash business partners. Moreover, the Deutsche Bundesbank and the Banco de España provide services to national central banks through the Cash Processing Center (CPC).

Pictures and information on the national sides of the coins in circulation in Luxembourg.

Pictures and information on the national sides of the coins in circulation in Finland.