Reserve Management Service

The euro is the second most important reserve currency worldwide behind the US dollar. In order to give central banks outside the Eurosystem as well as international organisations and monetary authorities access to the various euro financial markets, the range of central bank services provided by the Bundesbank includes offering its customers the possibility of opening a bank account and setting up a safe custody account. On this basis, our customers have the option to make use of additional financial services. This means that they can manage their euro reserves at the Bundesbank in a way that is tailored to their individual requirements.

Safe custody account management

We also offer our customers services related to the safe custody and management of securities in a safe custody account at the Bundesbank. Generally, we accept all securities listed in the ECB’s “Eligible Asset Database” (excluding liquidity category 5 – asset-backed securities).In addition to the securities listed there, we also hold in custody shares in companies domiciled in the EU, provided that the shares are deliverable directly via Clearstream Banking Frankfurt or indirectly via its links to other central securities depositories. We are also happy to consider individual cases on request.

For more information, please refer to Product Annex Basic Services, section II.