The external position of the Bundesbank, International reserves and foreign currceny liquidity of the Eurosystem
External position of the Bundesbank
International reserves and foreign currency liquidity
In the Bundesbank’s data template, Germany’s international reserves and foreign currency liquidity are presented in line with an internationally standardised template pursuant to the Special Data Dissemination Standard Plus (SDDS Plus) established by the International Monetary Fund (IMF). The common template makes the level and structure of the international reserves more transparent. It was developed by the IMF and the Committee on the Global Financial System established by the Bank for International Settlements (BIS) in response to the financial crises of the 1990s.
Euro area international reserves and foreign currency liquidity
At the euro area level, the European Central Bank (ECB) publishes the aggregate international reserves and aggregate foreign currency liquidity for the Eurosystem plus national contributions pursuant to SDDS Plus requirements.