The Federal Government currently employs a range of securities to borrow funds for financing its budget. There are four different one-off issues (Federal bonds, Five-year Federal notes, Federal Treasury notes and Treasury discount paper as well as inflation-linked Federal bonds and inflation-linked Federal notes), which are issued by auction.

User certificates can be automatically requested via our e-mail encryption gateway by sending an empty e-mail with the subject GetPublicKey to the respective e-mail address.

Macroprudential measures are intended to make the financial system as a whole more resilient to crises, so that the real economy can be supplied with financial services to an appropriate extent at any time. Capital buffer requirements rank among the most important measures available to regulators. Other instruments are also available in Germany to address systemic risk originating in the real estate market.

Das Jahr 2020 stand im Zeichen der Coronapandemie. Dies spiegelt sich auch in der Zahlungsverkehrsstatistik der Bundesbank wider. Die Daten hierfür werden jährlich bei den in Deutschland ansässigen Banken und Finanzdienstleistern erhoben und veröffentlicht.

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

The German government has decided to mint a €5 collectors’ coin entitled “Stag beetle”, to be issed on 26 September 2024.

Since 1 August 2022

President of the Bundesbank's Regional Office in Bavaria

TARGET2 offers its participants settlement services in euro, with settlement in central bank money. Every euro payment that is to be settled in real time and in central bank money can be settled via TARGET2.