The September 2017 Monthly Report contains an article on monetary policy indicators at the zero lower bound on the basis of term structure models, and an analysis of the performance of German credit institutions in 2016. Explanations are also provided on the potential and risks of distributed ledger technologies in payments and securities settlement and on the changes and results in the process of extending the investment fund statistics.

The European Central Bank and the national central banks of the Eurosystem began rolling out a second series of euro banknotes in May 2013. The last two denominations – the new €100 and €200 banknotes – will start circulating on 28 May 2019.