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Foreign exchange interventions under a one-sided target zone regime and the Swiss franc Markus Hertrich
758 KB, PDF
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Annual Report 2016
1006 KB, PDF
The Bundesbank posted a profit of €1.0 billion for the 2016 financial year, compared with €3.2 billion in 2015. Owing to an allocation to the reserves, the remaining distributable profit amounted to €0.4 billion and was transferred in full today to the Federal Government pursuant to section 27 number 2 of the Bundesbank Act (Bundesbankgesetz).
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Monthly Report - February 2018
The February 2018 edition of the Monthly Report comments on the economic situation in Germany in winter 2017/2018.
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Monthly Report - August 2018
The August 2018 edition of the Monthly Report comments on the economic situation in Germany in summer 2018.
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Financial Stability Review 2012
1 MB, PDF
The European sovereign debt crisis remains the greatest threat to financial stability in Germany. The Bundesbank considers that a substantial worsening of the situation would have a significant adverse impact on German banks and insurers. In addition, low interest rates, high liquidity and potential exaggerations in the German real estate market could pose a future threat to financial stability.
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