The Bundesbank has achieved a surplus of 1 billion euros in 2016. This is 2.2 billion euros less than in the previous year. Bundesbank President Jens Weidmann justified this at the annual press conference with increased risk provisions.

The July 2017 edition of the Monthly Report describes the market for bonds issued by non-financial corporations in the low-interest-rate environment and developments in government interest expenditure in Germany and other euro area countries. It also contains articles on private interest income developments, taking into account inflation and taxes, as well as on the threats to the global economy posed by protectionist tendencies. Finally, the report also introduces the latest innovations in the monetary financial institutions’ (MFI) interest rate statistics.