General Search
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Invitation to bid – Reopening of two Federal bonds
181 KB, PDF
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Design-Wettbewerb der EZB für künftige Euro-Banknoten beginnt
47 KB, PDF
Ab heute können sich Designschaffende aus ganz Europa bewerben. Bewerbungsplattform bis zum 18. August 2025 freigeschaltet. Entscheidung des EZB-Rates über endgültiges Design für Ende 2026 erwartet; zuvor findet öffentliche Umfrage statt.
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Führung in Einfacher Sprache mit Besuch der Sonderausstellung Familien- und Kinderführung
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What’s behind the sustained decline in German export market shares?
14.07.2025 DE
German export market shares have been contracting since 2017, and especially since 2021. According to the latest Monthly Report, this is largely due to a deterioration in the competitiveness of the German economy. More than three-quarters of the losses in market shares between 2021 and 2023 were the result of supply-side constraints. In this issue, the authors look at what is behind the decline in German export market shares and derive possible structural reforms.
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Invitation to bid for 6-months Bills of the European Stability Mechanism (ESM)
159 KB, PDF
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Auction result – Treasury discount paper (Unverzinsliche Schatzanweisungen – “Bubills”) of the Federal Republic of Germany
172 KB, PDF
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Invitation to bid for Federal Treasury notes
152 KB, PDF
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Payment behaviour in Germany in 2025 Available in German only – the English version will be provided shortly.
In 2025, for the first time, people in Germany used cashless means of payment to pay for their day-to-day purchases more frequently than cash. According to the Bundesbank’s latest study on payment behaviour, 55 % of all recorded purchases were settled without cash in 2025.
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Target achieved, but challenges still remain – monetary policy since the 2021 strategy review 10th Bundesbank IAW Lecture