https://www.bundesbank.de/en

Scan ID:
b042702a-42fc-401e-bcc8-97c497abc0f6Finished
Submitted URL:
https://bundesbank.de/Redirected
Report Finished:

The outgoing links identified from the page

LinkText
https://x.com/bundesbankX (Twitter)
https://www.instagram.com/deutsche.bundesbank/Instagram
https://www.facebook.com/deutsche.bundesbank/Facebook
https://www.youtube.com/deutschebundesbankYoutube
https://www.flickr.com/photos/bundesbankFlickr
https://de.linkedin.com/company/deutsche-bundesbankLinkedIn

JavaScript Variables · 58 found

Global JavaScript variables loaded on the window object of a page, are variables declared outside of functions and accessible from anywhere in the code within the current scope

NameType
onbeforetogglestring
documentPictureInPicturestring
onscrollendstring
runBBkAddedstring
clearPseudoLinksstring
wrapableUrlsstring
fixCharsetstring
fixHideEmptystring
getSocialMediaBarstring
getSocialMediaLinksstring

Console log messages · 14 found

Messages logged to the web console

TypeCategoryLog
warningother
Text
Error with Permissions-Policy header: Unrecognized feature: 'document-domain'.
warningother
Text
Error with Permissions-Policy header: Unrecognized feature: 'usb'.
warningother
Text
Error with Permissions-Policy header: Unrecognized feature: 'oversized-images'.
warningother
Text
Error with Permissions-Policy header: Unrecognized feature: 'execution-while-out-of-viewport'.
warningother
Text
Error with Permissions-Policy header: Unrecognized feature: 'battery'.
warningother
Text
Error with Permissions-Policy header: Unrecognized feature: 'xr-spatial-tracking'.
warningother
Text
Error with Permissions-Policy header: Unrecognized feature: 'wake-lock'.
warningother
Text
Error with Permissions-Policy header: Unrecognized feature: 'legacy-image-formats'.
warningother
Text
Error with Permissions-Policy header: Unrecognized feature: 'navigation-override'.
warningother
Text
Error with Permissions-Policy header: Unrecognized feature: 'layout-animations'.
warningother
Text
Error with Permissions-Policy header: Unrecognized feature: 'execution-while-not-rendered'.
warningother
Text
Error with Permissions-Policy header: Unrecognized feature: 'ambient-light-sensor'.
warningother
Text
Error with Permissions-Policy header: Unrecognized feature: 'vr'.
warningother
Text
Error with Permissions-Policy header: Unrecognized feature: 'web-share'.

HTML

The raw HTML body of the page

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<meta charset="UTF-8">
<title>
Homepage | Deutsche Bundesbank
</title>
<meta property="og:title" content="Homepage">
<meta name="description" content="The Deutsche Bundesbank is the central bank of the Federal Republic of Germany. The main business is the monetary policy of the Eurosystem.">
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<link rel="alternate" hreflang="fr" href="https://www.bundesbank.de/fr" title="French | Französisch">
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<img alt="Digitaler Euro ©EZB" class="picture__img img-fluid" data-cm-responsive-image="[{&quot;name&quot;:&quot;ratio16x9&quot;,&quot;ratioWidth&quot;:16,&quot;ratioHeight&quot;:9,&quot;linksForWidth&quot;:{&quot;200&quot;:&quot;/resource/image/917450/ratio16x9/200/112/1b6793b38fb319e151382313e0eedbc6/pF/NI/digitaler-euro-4.jpg&quot;,&quot;223&quot;:&quot;/resource/image/917450/ratio16x9/223/125/1b6793b38fb319e151382313e0eedbc6/ma/NI/digitaler-euro-4.jpg&quot;,&quot;260&quot;:&quot;/resource/image/917450/ratio16x9/260/146/1b6793b38fb319e151382313e0eedbc6/Pq/NI/digitaler-euro-4.jpg&quot;,&quot;384&quot;:&quot;/resource/image/917450/ratio16x9/384/216/1b6793b38fb319e151382313e0eedbc6/JX/NI/digitaler-euro-4.jpg&quot;,&quot;432&quot;:&quot;/resource/image/917450/ratio16x9/432/243/1b6793b38fb319e151382313e0eedbc6/TZ/NI/digitaler-euro-4.jpg&quot;,&quot;450&quot;:&quot;/resource/image/917450/ratio16x9/450/253/1b6793b38fb319e151382313e0eedbc6/Zy/NI/digitaler-euro-4.jpg&quot;,&quot;518&quot;:&quot;/resource/image/917450/ratio16x9/518/291/1b6793b38fb319e151382313e0eedbc6/HR/NI/digitaler-euro-4.jpg&quot;,&quot;630&quot;:&quot;/resource/image/917450/ratio16x9/630/354/1b6793b38fb319e151382313e0eedbc6/OQ/NI/digitaler-euro-4.jpg&quot;,&quot;709&quot;:&quot;/resource/image/917450/ratio16x9/709/399/1b6793b38fb319e151382313e0eedbc6/zc/NI/digitaler-euro-4.jpg&quot;,&quot;813&quot;:&quot;/resource/image/917450/ratio16x9/813/457/1b6793b38fb319e151382313e0eedbc6/On/NI/digitaler-euro-4.jpg&quot;,&quot;957&quot;:&quot;/resource/image/917450/ratio16x9/957/538/1b6793b38fb319e151382313e0eedbc6/hE/NI/digitaler-euro-4.jpg&quot;,&quot;1100&quot;:&quot;/resource/image/917450/ratio16x9/1100/619/1b6793b38fb319e151382313e0eedbc6/gV/NI/digitaler-euro-4.jpg&quot;,&quot;1276&quot;:&quot;/resource/image/917450/ratio16x9/1276/718/1b6793b38fb319e151382313e0eedbc6/Tn/NI/digitaler-euro-4.jpg&quot;}}]" src="https://www.bundesbank.de/resource/image/917450/ratio16x9/200/112/1b6793b38fb319e151382313e0eedbc6/pF/NI/digitaler-euro-4.jpg">
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Digital euro
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<div class="richtext"><p>A digital euro would be a digital form of central bank money, specifically the euro. It could be used by the general public in much the same way as cash, only in virtual form.&nbsp;Alongside cash, the Eurosystem would thus supply households with an additional form of central bank money that can be used quickly, easily and securely.</p></div></div>
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<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
Open market operations</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/monetary-policy/open-market-operations/outstanding-open-market-operations" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Outstanding open market operations</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/monetary-policy/open-market-operations/tender-calendar-and-system" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Tender calendar and system</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/monetary-policy/open-market-operations/regular-refinancing-and-fine-tuning-operations" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Regular refinancing and fine-tuning operations</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/monetary-policy/open-market-operations/foreign-currency-transactions" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Foreign currency transactions</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/monetary-policy/open-market-operations/pspp-auctions" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">PSPP Auctions</span>
</a>
</div>
</li>
</ul> </div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/monetary-policy/collateral" class="navbar-main__trigger " data-trigger="3" role="menuitem" aria-expanded="false">
<span class="navbar-main__label">Collateral</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</a>
</div>
<div class="navbar-main__sub navbar-main__sub--3" data-levellist="3">
<ul class="navbar-main__sublist" role="menu">
<li class="navbar-main__item navbar-main__item--4" role="none">
<button class="navbar-main__back unset_button" data-trigger="2" type="button" role="menuitem">
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</span>
</button>
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<div class="navbar-main__action">
<a href="/en/tasks/monetary-policy/collateral" class="navbar-main__trigger" data-trigger="4" role="menuitem">
<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
Collateral</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/monetary-policy/collateral/eligibility-criteria" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Eligibility criteria</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/monetary-policy/collateral/bundesbank-s-tasks" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Bundesbank's tasks</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/monetary-policy/collateral/credit-assessment" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Credit assessment</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/monetary-policy/collateral/mobilisation-of-collateral" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Mobilisation of collateral</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/monetary-policy/collateral/counterparty-information" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Counterparty information</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/monetary-policy/collateral/downloads" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Downloads</span>
</a>
</div>
</li>
</ul> </div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/monetary-policy/outright-transactions" class="navbar-main__trigger " data-trigger="3" role="menuitem" aria-expanded="false">
<span class="navbar-main__label">Outright transactions</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</a>
</div>
<div class="navbar-main__sub navbar-main__sub--3" data-levellist="3">
<ul class="navbar-main__sublist" role="menu">
<li class="navbar-main__item navbar-main__item--4" role="none">
<button class="navbar-main__back unset_button" data-trigger="2" type="button" role="menuitem">
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</span>
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</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/monetary-policy/outright-transactions" class="navbar-main__trigger" data-trigger="4" role="menuitem">
<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
Outright transactions</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/monetary-policy/outright-transactions/asset-purchase-programme-app--831134" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Asset purchase programme (APP)</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/monetary-policy/outright-transactions/pandemic-emergency-purchase-programme-pepp--831136" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Pandemic emergency purchase programme (PEPP)</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/monetary-policy/outright-transactions/securities-lending-under-the-app-and-pepp-831142" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Securities lending under the APP and PEPP</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/monetary-policy/outright-transactions/transmission-protection-instrument-tpi--896158" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Transmission Protection Instrument (TPI)</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/monetary-policy/outright-transactions/outright-monetary-transactions-omt--896164" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Outright Monetary Transactions (OMT)</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/monetary-policy/outright-transactions/terminated-programmes-625984" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Terminated programmes</span>
</a>
</div>
</li>
</ul> </div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/monetary-policy/minimum-reserves" class="navbar-main__trigger " data-trigger="3" role="menuitem" aria-expanded="false">
<span class="navbar-main__label">Minimum reserves</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</a>
</div>
<div class="navbar-main__sub navbar-main__sub--3" data-levellist="3">
<ul class="navbar-main__sublist" role="menu">
<li class="navbar-main__item navbar-main__item--4" role="none">
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</span>
</button>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/monetary-policy/minimum-reserves" class="navbar-main__trigger" data-trigger="4" role="menuitem">
<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
Minimum reserves</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/monetary-policy/minimum-reserves/legal-basis" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Legal basis</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/monetary-policy/minimum-reserves/interest-rates-and-reserve-ratios" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Interest rates and reserve ratios</span>
</a>
</div>
</li>
</ul> </div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/monetary-policy/excess-reserves" class="navbar-main__trigger " data-trigger="3" role="menuitem">
<span class="navbar-main__label">Excess reserves</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/monetary-policy/standing-facilities" class="navbar-main__trigger " data-trigger="3" role="menuitem">
<span class="navbar-main__label">Standing facilities</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/monetary-policy/contact" class="navbar-main__trigger " data-trigger="3" role="menuitem">
<span class="navbar-main__label">Contact</span>
</a>
</div>
</li>
</ul> </div>
</li>
<li class="navbar-main__item navbar-main__item--2" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/financial-and-monetary-system" class="navbar-main__trigger " data-trigger="2" role="menuitem" aria-expanded="false">
<span class="navbar-main__label">Financial and monetary system</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</a>
</div>
<div class="navbar-main__sub navbar-main__sub--2" data-levellist="2">
<ul class="navbar-main__sublist" role="menu">
<li class="navbar-main__item navbar-main__item--3" role="none">
<button class="navbar-main__back unset_button" data-trigger="2" type="button" role="menuitem">
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</span>
</button>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/financial-and-monetary-system" class="navbar-main__trigger" data-trigger="3" role="menuitem">
<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
Financial and monetary system</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/financial-and-monetary-system/financial-and-monetary-stability" class="navbar-main__trigger " data-trigger="3" role="menuitem" aria-expanded="false">
<span class="navbar-main__label">Financial and monetary&nbsp;stability</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</a>
</div>
<div class="navbar-main__sub navbar-main__sub--3" data-levellist="3">
<ul class="navbar-main__sublist" role="menu">
<li class="navbar-main__item navbar-main__item--4" role="none">
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</span>
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</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/financial-and-monetary-system/financial-and-monetary-stability" class="navbar-main__trigger" data-trigger="4" role="menuitem">
<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
Financial and monetary&nbsp;stability</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/financial-and-monetary-system/financial-and-monetary-stability/role-of-the-bundesbank" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Role of the Bundesbank</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/financial-and-monetary-system/financial-and-monetary-stability/terms-and-definitions" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Terms and definitions</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/financial-and-monetary-system/financial-and-monetary-stability/macroprudential-surveillance-g-fsc-" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Macroprudential surveillance (G-FSC)</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/financial-and-monetary-system/financial-and-monetary-stability/residential-mortgages-of-private-households" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Residential Mortgages of private households</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/financial-and-monetary-system/financial-and-monetary-stability/risks-and-stability-analysis" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Risks and stability analysis</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/financial-and-monetary-system/financial-and-monetary-stability/macroprudential-tools" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Macroprudential tools</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/financial-and-monetary-system/financial-and-monetary-stability/financial-stability-forum" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Financial Stability Forum</span>
</a>
</div>
</li>
</ul> </div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/financial-and-monetary-system/international-cooperation" class="navbar-main__trigger " data-trigger="3" role="menuitem" aria-expanded="false">
<span class="navbar-main__label">International cooperation</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</a>
</div>
<div class="navbar-main__sub navbar-main__sub--3" data-levellist="3">
<ul class="navbar-main__sublist" role="menu">
<li class="navbar-main__item navbar-main__item--4" role="none">
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</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/financial-and-monetary-system/international-cooperation" class="navbar-main__trigger" data-trigger="4" role="menuitem">
<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
International cooperation</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/financial-and-monetary-system/international-cooperation/esrb-and-fsc" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">ESRB and FSC</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/financial-and-monetary-system/international-cooperation/eu-committees" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">EU committees</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/financial-and-monetary-system/international-cooperation/fsb" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">FSB</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/financial-and-monetary-system/international-cooperation/bis" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">BIS</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/financial-and-monetary-system/international-cooperation/cgfs" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">CGFS</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/financial-and-monetary-system/international-cooperation/imf" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">IMF</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/financial-and-monetary-system/international-cooperation/mdbs" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">MDBs</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/financial-and-monetary-system/international-cooperation/g20-625730" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">G20</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/financial-and-monetary-system/international-cooperation/g7" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">G7</span>
</a>
</div>
</li>
</ul> </div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/financial-and-monetary-system/financial-stability-review" class="navbar-main__trigger " data-trigger="3" role="menuitem">
<span class="navbar-main__label">Financial Stability Review</span>
</a>
</div>
</li>
</ul> </div>
</li>
<li class="navbar-main__item navbar-main__item--2" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision" class="navbar-main__trigger " data-trigger="2" role="menuitem" aria-expanded="false">
<span class="navbar-main__label">Banking supervision</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</a>
</div>
<div class="navbar-main__sub navbar-main__sub--2" data-levellist="2">
<ul class="navbar-main__sublist" role="menu">
<li class="navbar-main__item navbar-main__item--3" role="none">
<button class="navbar-main__back unset_button" data-trigger="2" type="button" role="menuitem">
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</span>
</button>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision" class="navbar-main__trigger" data-trigger="3" role="menuitem">
<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
Banking supervision</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/objective" class="navbar-main__trigger " data-trigger="3" role="menuitem">
<span class="navbar-main__label">Objective</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/bundesbank" class="navbar-main__trigger " data-trigger="3" role="menuitem" aria-expanded="false">
<span class="navbar-main__label">Bundesbank's role</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</a>
</div>
<div class="navbar-main__sub navbar-main__sub--3" data-levellist="3">
<ul class="navbar-main__sublist" role="menu">
<li class="navbar-main__item navbar-main__item--4" role="none">
<button class="navbar-main__back unset_button" data-trigger="2" type="button" role="menuitem">
<span class="hidden-lg-up"><i class="fa fa-angle-left" aria-hidden="true"></i> back
</span>
</button>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/bundesbank" class="navbar-main__trigger" data-trigger="4" role="menuitem">
<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
Bundesbank's role</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/bundesbank/bafin" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Bundesbank and BaFin</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/bundesbank/ssm" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Single Supervisory Mechanism</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/bundesbank/operational-tasks" class="navbar-main__trigger " data-trigger="4" role="menuitem" aria-expanded="false">
<span class="navbar-main__label">Operational tasks</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</a>
</div>
<div class="navbar-main__sub navbar-main__sub--4" data-levellist="4">
<ul class="navbar-main__sublist" role="menu">
<li class="navbar-main__item navbar-main__item--5" role="none">
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</span>
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</li>
<li class="navbar-main__item navbar-main__item--5" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/bundesbank/operational-tasks" class="navbar-main__trigger" data-trigger="5" role="menuitem">
<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
Operational tasks</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--5" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/bundesbank/operational-tasks/capital-and-liquidity-adequacy" class="navbar-main__trigger " data-trigger="5" role="menuitem">
<span class="navbar-main__label">Capital and liquidity adequacy</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--5" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/bundesbank/operational-tasks/on-site-inspections" class="navbar-main__trigger " data-trigger="5" role="menuitem">
<span class="navbar-main__label">On-site inspections</span>
</a>
</div>
</li>
</ul> </div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/bundesbank/eba" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">EBA</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/bundesbank/basel" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Basel Committee on Banking Supervision</span>
</a>
</div>
</li>
</ul> </div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/legal-basis" class="navbar-main__trigger " data-trigger="3" role="menuitem" aria-expanded="false">
<span class="navbar-main__label">Legal basis</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</a>
</div>
<div class="navbar-main__sub navbar-main__sub--3" data-levellist="3">
<ul class="navbar-main__sublist" role="menu">
<li class="navbar-main__item navbar-main__item--4" role="none">
<button class="navbar-main__back unset_button" data-trigger="2" type="button" role="menuitem">
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</span>
</button>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/legal-basis" class="navbar-main__trigger" data-trigger="4" role="menuitem">
<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
Legal basis</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/legal-basis/eu-legislation" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">EU legislation</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/legal-basis/national-legal-basis" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">National legal basis</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/legal-basis/basel-framework" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Basel framework</span>
</a>
</div>
</li>
</ul> </div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/individual-aspects" class="navbar-main__trigger " data-trigger="3" role="menuitem" aria-expanded="false">
<span class="navbar-main__label">Individual aspects</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</a>
</div>
<div class="navbar-main__sub navbar-main__sub--3" data-levellist="3">
<ul class="navbar-main__sublist" role="menu">
<li class="navbar-main__item navbar-main__item--4" role="none">
<button class="navbar-main__back unset_button" data-trigger="2" type="button" role="menuitem">
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</span>
</button>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/individual-aspects" class="navbar-main__trigger" data-trigger="4" role="menuitem">
<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
Individual aspects</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/individual-aspects/supervision-priorities" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Supervision priorities</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/individual-aspects/fit-and-proper-assessments-authorisation-procedure-holder-control" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Fit and proper assessments, Authorisation procedure, Holder control</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/individual-aspects/own-funds-requirements" class="navbar-main__trigger " data-trigger="4" role="menuitem" aria-expanded="false">
<span class="navbar-main__label">Own funds requirements</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</a>
</div>
<div class="navbar-main__sub navbar-main__sub--4" data-levellist="4">
<ul class="navbar-main__sublist" role="menu">
<li class="navbar-main__item navbar-main__item--5" role="none">
<button class="navbar-main__back unset_button" data-trigger="2" type="button" role="menuitem">
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</span>
</button>
</li>
<li class="navbar-main__item navbar-main__item--5" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/individual-aspects/own-funds-requirements" class="navbar-main__trigger" data-trigger="5" role="menuitem">
<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
Own funds requirements</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--5" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/individual-aspects/own-funds-requirements/own-funds" class="navbar-main__trigger " data-trigger="5" role="menuitem">
<span class="navbar-main__label">Own funds</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--5" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/individual-aspects/own-funds-requirements/credit-risk" class="navbar-main__trigger " data-trigger="5" role="menuitem">
<span class="navbar-main__label">Credit risk</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--5" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/individual-aspects/own-funds-requirements/operational-risk" class="navbar-main__trigger " data-trigger="5" role="menuitem">
<span class="navbar-main__label">Operational risk</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--5" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/individual-aspects/own-funds-requirements/market-risk-positions" class="navbar-main__trigger " data-trigger="5" role="menuitem">
<span class="navbar-main__label">Market risk positions</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--5" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/individual-aspects/own-funds-requirements/cva-risk" class="navbar-main__trigger " data-trigger="5" role="menuitem">
<span class="navbar-main__label">CVA risk</span>
</a>
</div>
</li>
</ul> </div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/individual-aspects/deposit-protection-622748" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Deposit protection</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/individual-aspects/fintech-622840" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">FinTech</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/individual-aspects/macroprudential-measures-622910" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Macroprudential measures</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/individual-aspects/micar-markets-in-crypto-assets-regulation-913886" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">MiCAR – Markets in Crypto-Assets Regulation</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/individual-aspects/liquidity" class="navbar-main__trigger " data-trigger="4" role="menuitem" aria-expanded="false">
<span class="navbar-main__label">Liquidity</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</a>
</div>
<div class="navbar-main__sub navbar-main__sub--4" data-levellist="4">
<ul class="navbar-main__sublist" role="menu">
<li class="navbar-main__item navbar-main__item--5" role="none">
<button class="navbar-main__back unset_button" data-trigger="2" type="button" role="menuitem">
<span class="hidden-lg-up"><i class="fa fa-angle-left" aria-hidden="true"></i> back
</span>
</button>
</li>
<li class="navbar-main__item navbar-main__item--5" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/individual-aspects/liquidity" class="navbar-main__trigger" data-trigger="5" role="menuitem">
<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
Liquidity</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--5" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/individual-aspects/liquidity/supervisory-reporting-of-institutions-of-the-lcr" class="navbar-main__trigger " data-trigger="5" role="menuitem">
<span class="navbar-main__label">Supervisory reporting of institutions of the LCR</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--5" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/individual-aspects/liquidity/supervisory-reporting-of-institutions-with-regard-to-the-net-stable-funding-ratio" class="navbar-main__trigger " data-trigger="5" role="menuitem">
<span class="navbar-main__label">Supervisory reporting of institutions with regard to the net stable funding ratio</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--5" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/individual-aspects/liquidity/additional-monitoring-metrics-for-liquidity-reporting" class="navbar-main__trigger " data-trigger="5" role="menuitem">
<span class="navbar-main__label">Additional monitoring metrics for liquidity reporting</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--5" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/individual-aspects/liquidity/treatment-of-central-bank-reserves-in-the-lcr" class="navbar-main__trigger " data-trigger="5" role="menuitem">
<span class="navbar-main__label">Treatment of central bank reserves in the LCR</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--5" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/individual-aspects/liquidity/regulation-on-the-liquidity-of-institutions" class="navbar-main__trigger " data-trigger="5" role="menuitem">
<span class="navbar-main__label">Regulation on the liquidity of institutions</span>
</a>
</div>
</li>
</ul> </div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/individual-aspects/leverage-ratio-622882" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Leverage Ratio</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/individual-aspects/lending-business" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Lending business</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/individual-aspects/risk-management" class="navbar-main__trigger " data-trigger="4" role="menuitem" aria-expanded="false">
<span class="navbar-main__label">Risk Management</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</a>
</div>
<div class="navbar-main__sub navbar-main__sub--4" data-levellist="4">
<ul class="navbar-main__sublist" role="menu">
<li class="navbar-main__item navbar-main__item--5" role="none">
<button class="navbar-main__back unset_button" data-trigger="2" type="button" role="menuitem">
<span class="hidden-lg-up"><i class="fa fa-angle-left" aria-hidden="true"></i> back
</span>
</button>
</li>
<li class="navbar-main__item navbar-main__item--5" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/individual-aspects/risk-management" class="navbar-main__trigger" data-trigger="5" role="menuitem">
<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
Risk Management</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--5" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/individual-aspects/risk-management/bait" class="navbar-main__trigger " data-trigger="5" role="menuitem">
<span class="navbar-main__label">Prudential requirements for IT (BAIT)</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--5" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/individual-aspects/risk-management/icaap-ilaap" class="navbar-main__trigger " data-trigger="5" role="menuitem">
<span class="navbar-main__label">ICAAP / ILAAP</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--5" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/individual-aspects/risk-management/marisk" class="navbar-main__trigger " data-trigger="5" role="menuitem">
<span class="navbar-main__label">MaRisk</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--5" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/individual-aspects/risk-management/machine-learning-methods" class="navbar-main__trigger " data-trigger="5" role="menuitem">
<span class="navbar-main__label">Machine learning methods</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--5" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/individual-aspects/risk-management/institutional-remuneration-623138" class="navbar-main__trigger " data-trigger="5" role="menuitem">
<span class="navbar-main__label">Institutional remuneration</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--5" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/individual-aspects/risk-management/interest-rate-risk" class="navbar-main__trigger " data-trigger="5" role="menuitem">
<span class="navbar-main__label">Interest rate risk</span>
</a>
</div>
</li>
</ul> </div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/individual-aspects/srep" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">SREP</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/individual-aspects/financial-services-institutions" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Financial services institutions</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/individual-aspects/disclosure-622890" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Disclosure</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/individual-aspects/payment-institutions-and-e-money-institutions-622962" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Payment institutions and e-money institutions</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/individual-aspects/recovery-and-resolution" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Recovery and resolution</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/individual-aspects/sustainable-finance" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Sustainable Finance</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/individual-aspects/expert-panels" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Expert panels</span>
</a>
</div>
</li>
</ul> </div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/banking-supervision/documentation" class="navbar-main__trigger " data-trigger="3" role="menuitem">
<span class="navbar-main__label">Documentation</span>
</a>
</div>
</li>
</ul> </div>
</li>
<li class="navbar-main__item navbar-main__item--2" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management" class="navbar-main__trigger " data-trigger="2" role="menuitem" aria-expanded="false">
<span class="navbar-main__label">Cash management</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</a>
</div>
<div class="navbar-main__sub navbar-main__sub--2" data-levellist="2">
<ul class="navbar-main__sublist" role="menu">
<li class="navbar-main__item navbar-main__item--3" role="none">
<button class="navbar-main__back unset_button" data-trigger="2" type="button" role="menuitem">
<span class="hidden-lg-up"><i class="fa fa-angle-left" aria-hidden="true"></i> back
</span>
</button>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management" class="navbar-main__trigger" data-trigger="3" role="menuitem">
<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
Cash management</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/the-eurosystem-cash-strategy" class="navbar-main__trigger " data-trigger="3" role="menuitem">
<span class="navbar-main__label">The Eurosystem cash strategy</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/euro-banknotes" class="navbar-main__trigger " data-trigger="3" role="menuitem" aria-expanded="false">
<span class="navbar-main__label">Euro banknotes</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</a>
</div>
<div class="navbar-main__sub navbar-main__sub--3" data-levellist="3">
<ul class="navbar-main__sublist" role="menu">
<li class="navbar-main__item navbar-main__item--4" role="none">
<button class="navbar-main__back unset_button" data-trigger="2" type="button" role="menuitem">
<span class="hidden-lg-up"><i class="fa fa-angle-left" aria-hidden="true"></i> back
</span>
</button>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/euro-banknotes" class="navbar-main__trigger" data-trigger="4" role="menuitem">
<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
Euro banknotes</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/euro-banknotes/research-and-development-" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Research and Development </span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/euro-banknotes/main-features" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Main features</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/euro-banknotes/5-euro" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">5 Euro</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/euro-banknotes/10-euro" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">10 Euro</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/euro-banknotes/20-euro" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">20 Euro</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/euro-banknotes/50-euro" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">50 Euro</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/euro-banknotes/100-euro" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">100 Euro</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/euro-banknotes/200-euro" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">200 Euro</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/euro-banknotes/500-euro" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">500 Euro</span>
</a>
</div>
</li>
</ul> </div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/euro-coins" class="navbar-main__trigger " data-trigger="3" role="menuitem" aria-expanded="false">
<span class="navbar-main__label">Euro coins</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</a>
</div>
<div class="navbar-main__sub navbar-main__sub--3" data-levellist="3">
<ul class="navbar-main__sublist" role="menu">
<li class="navbar-main__item navbar-main__item--4" role="none">
<button class="navbar-main__back unset_button" data-trigger="2" type="button" role="menuitem">
<span class="hidden-lg-up"><i class="fa fa-angle-left" aria-hidden="true"></i> back
</span>
</button>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/euro-coins" class="navbar-main__trigger" data-trigger="4" role="menuitem">
<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
Euro coins</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/euro-coins/regular-coins" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Regular coins</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/euro-coins/-2-commemorative-coins" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">€2 commemorative coins</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/euro-coins/collector-coins" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Collector coins</span>
</a>
</div>
</li>
</ul> </div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/foreign-exchange" class="navbar-main__trigger " data-trigger="3" role="menuitem">
<span class="navbar-main__label">Foreign exchange</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/dem-banknotes-and-dem-coins" class="navbar-main__trigger " data-trigger="3" role="menuitem">
<span class="navbar-main__label">DEM banknotes and DEM coins</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/damaged-money" class="navbar-main__trigger " data-trigger="3" role="menuitem">
<span class="navbar-main__label">Damaged money</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/counterfeit-money" class="navbar-main__trigger " data-trigger="3" role="menuitem" aria-expanded="false">
<span class="navbar-main__label">Counterfeit money</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</a>
</div>
<div class="navbar-main__sub navbar-main__sub--3" data-levellist="3">
<ul class="navbar-main__sublist" role="menu">
<li class="navbar-main__item navbar-main__item--4" role="none">
<button class="navbar-main__back unset_button" data-trigger="2" type="button" role="menuitem">
<span class="hidden-lg-up"><i class="fa fa-angle-left" aria-hidden="true"></i> back
</span>
</button>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/counterfeit-money" class="navbar-main__trigger" data-trigger="4" role="menuitem">
<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
Counterfeit money</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/counterfeit-money/counterfeit-detection" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Counterfeit detection</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/counterfeit-money/detectors" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Detectors</span>
</a>
</div>
</li>
</ul> </div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/cash-services" class="navbar-main__trigger " data-trigger="3" role="menuitem" aria-expanded="false">
<span class="navbar-main__label">Cash services</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</a>
</div>
<div class="navbar-main__sub navbar-main__sub--3" data-levellist="3">
<ul class="navbar-main__sublist" role="menu">
<li class="navbar-main__item navbar-main__item--4" role="none">
<button class="navbar-main__back unset_button" data-trigger="2" type="button" role="menuitem">
<span class="hidden-lg-up"><i class="fa fa-angle-left" aria-hidden="true"></i> back
</span>
</button>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/cash-services" class="navbar-main__trigger" data-trigger="4" role="menuitem">
<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
Cash services</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/cash-services/business-clients" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Business clients</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/cash-services/non-business-clients" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Non-business clients</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/cash-services/central-banks" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Central banks</span>
</a>
</div>
</li>
</ul> </div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/cashedi" class="navbar-main__trigger " data-trigger="3" role="menuitem" aria-expanded="false">
<span class="navbar-main__label">CashEDI</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</a>
</div>
<div class="navbar-main__sub navbar-main__sub--3" data-levellist="3">
<ul class="navbar-main__sublist" role="menu">
<li class="navbar-main__item navbar-main__item--4" role="none">
<button class="navbar-main__back unset_button" data-trigger="2" type="button" role="menuitem">
<span class="hidden-lg-up"><i class="fa fa-angle-left" aria-hidden="true"></i> back
</span>
</button>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/cashedi" class="navbar-main__trigger" data-trigger="4" role="menuitem">
<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
CashEDI</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/cashedi/general-information" class="navbar-main__trigger " data-trigger="4" role="menuitem" aria-expanded="false">
<span class="navbar-main__label">General Information</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</a>
</div>
<div class="navbar-main__sub navbar-main__sub--4" data-levellist="4">
<ul class="navbar-main__sublist" role="menu">
<li class="navbar-main__item navbar-main__item--5" role="none">
<button class="navbar-main__back unset_button" data-trigger="2" type="button" role="menuitem">
<span class="hidden-lg-up"><i class="fa fa-angle-left" aria-hidden="true"></i> back
</span>
</button>
</li>
<li class="navbar-main__item navbar-main__item--5" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/cashedi/general-information" class="navbar-main__trigger" data-trigger="5" role="menuitem">
<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
General Information</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--5" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/cashedi/general-information/data-exchange" class="navbar-main__trigger " data-trigger="5" role="menuitem">
<span class="navbar-main__label">Data exchange</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--5" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/cashedi/general-information/scope-of-services-webedi-filetransfer" class="navbar-main__trigger " data-trigger="5" role="menuitem">
<span class="navbar-main__label">Scope of services WebEDI/Filetransfer</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--5" role="none">
<div class="navbar-main__action">
<a href="/en/service/extranet/619216-619216" class="navbar-main__trigger " data-trigger="5" role="menuitem">
<span class="navbar-main__label"></span>
</a>
</div>
</li>
</ul> </div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/cashedi/downloads-and-video-tutorials" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Downloads and video tutorials</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/cashedi/access-to-cashedi" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Access to CashEDI</span>
</a>
</div>
</li>
</ul> </div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/cash-recycling" class="navbar-main__trigger " data-trigger="3" role="menuitem" aria-expanded="false">
<span class="navbar-main__label">Cash recycling</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</a>
</div>
<div class="navbar-main__sub navbar-main__sub--3" data-levellist="3">
<ul class="navbar-main__sublist" role="menu">
<li class="navbar-main__item navbar-main__item--4" role="none">
<button class="navbar-main__back unset_button" data-trigger="2" type="button" role="menuitem">
<span class="hidden-lg-up"><i class="fa fa-angle-left" aria-hidden="true"></i> back
</span>
</button>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/cash-recycling" class="navbar-main__trigger" data-trigger="4" role="menuitem">
<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
Cash recycling</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/cash-recycling/legal-framework" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Legal framework</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/cash-recycling/cash-processing-systems" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Cash processing systems</span>
</a>
</div>
</li>
</ul> </div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/environmental-sustainability-823612" class="navbar-main__trigger " data-trigger="3" role="menuitem">
<span class="navbar-main__label">Environmental sustainability</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/reproduction-regulations" class="navbar-main__trigger " data-trigger="3" role="menuitem">
<span class="navbar-main__label">Reproduction regulations</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/cash-management/events" class="navbar-main__trigger " data-trigger="3" role="menuitem">
<span class="navbar-main__label">Events</span>
</a>
</div>
</li>
</ul> </div>
</li>
<li class="navbar-main__item navbar-main__item--2" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems" class="navbar-main__trigger " data-trigger="2" role="menuitem" aria-expanded="false">
<span class="navbar-main__label">Payment systems</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</a>
</div>
<div class="navbar-main__sub navbar-main__sub--2" data-levellist="2">
<ul class="navbar-main__sublist" role="menu">
<li class="navbar-main__item navbar-main__item--3" role="none">
<button class="navbar-main__back unset_button" data-trigger="2" type="button" role="menuitem">
<span class="hidden-lg-up"><i class="fa fa-angle-left" aria-hidden="true"></i> back
</span>
</button>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems" class="navbar-main__trigger" data-trigger="3" role="menuitem">
<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
Payment systems</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/digital-euro" class="navbar-main__trigger " data-trigger="3" role="menuitem">
<span class="navbar-main__label">Digital euro</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/target" class="navbar-main__trigger " data-trigger="3" role="menuitem" aria-expanded="false">
<span class="navbar-main__label">TARGET</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</a>
</div>
<div class="navbar-main__sub navbar-main__sub--3" data-levellist="3">
<ul class="navbar-main__sublist" role="menu">
<li class="navbar-main__item navbar-main__item--4" role="none">
<button class="navbar-main__back unset_button" data-trigger="2" type="button" role="menuitem">
<span class="hidden-lg-up"><i class="fa fa-angle-left" aria-hidden="true"></i> back
</span>
</button>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/target" class="navbar-main__trigger" data-trigger="4" role="menuitem">
<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
TARGET</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/target/target-services" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">TARGET Services</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/target/common-components-of-target-services" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Common components of TARGET Services</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/target/legal-framework" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Legal framework</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/target/committee-work" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Committee work</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/target/restricted-service-area" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Restricted service area</span>
</a>
</div>
</li>
</ul> </div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/t2" class="navbar-main__trigger " data-trigger="3" role="menuitem" aria-expanded="false">
<span class="navbar-main__label">T2</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</a>
</div>
<div class="navbar-main__sub navbar-main__sub--3" data-levellist="3">
<ul class="navbar-main__sublist" role="menu">
<li class="navbar-main__item navbar-main__item--4" role="none">
<button class="navbar-main__back unset_button" data-trigger="2" type="button" role="menuitem">
<span class="hidden-lg-up"><i class="fa fa-angle-left" aria-hidden="true"></i> back
</span>
</button>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/t2" class="navbar-main__trigger" data-trigger="4" role="menuitem">
<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
T2</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/t2/target-balances-920752" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">TARGET&nbsp;balances</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/t2/publications" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Publications</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/t2/t2-for-professional-use" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">T2 – for professional use</span>
</a>
</div>
</li>
</ul> </div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/target2-securities" class="navbar-main__trigger " data-trigger="3" role="menuitem">
<span class="navbar-main__label">TARGET2-Securities</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/tips-neu" class="navbar-main__trigger " data-trigger="3" role="menuitem" aria-expanded="false">
<span class="navbar-main__label">TIPS</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</a>
</div>
<div class="navbar-main__sub navbar-main__sub--3" data-levellist="3">
<ul class="navbar-main__sublist" role="menu">
<li class="navbar-main__item navbar-main__item--4" role="none">
<button class="navbar-main__back unset_button" data-trigger="2" type="button" role="menuitem">
<span class="hidden-lg-up"><i class="fa fa-angle-left" aria-hidden="true"></i> back
</span>
</button>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/tips-neu" class="navbar-main__trigger" data-trigger="4" role="menuitem">
<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
TIPS</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/tips-neu/useful-information--937372" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Useful information </span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/tips-neu/pan-european-reachability-937380" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Pan-european reachability</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/tips-neu/information-for-participants" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Information for participants</span>
</a>
</div>
</li>
</ul> </div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/eurosystem-collateral-management-system" class="navbar-main__trigger " data-trigger="3" role="menuitem" aria-expanded="false">
<span class="navbar-main__label">Eurosystem Collateral Management System</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</a>
</div>
<div class="navbar-main__sub navbar-main__sub--3" data-levellist="3">
<ul class="navbar-main__sublist" role="menu">
<li class="navbar-main__item navbar-main__item--4" role="none">
<button class="navbar-main__back unset_button" data-trigger="2" type="button" role="menuitem">
<span class="hidden-lg-up"><i class="fa fa-angle-left" aria-hidden="true"></i> back
</span>
</button>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/eurosystem-collateral-management-system" class="navbar-main__trigger" data-trigger="4" role="menuitem">
<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
Eurosystem Collateral Management System</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/eurosystem-collateral-management-system/harmonisation-initiatives" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Harmonisation initiatives</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/eurosystem-collateral-management-system/community-readiness-monitoring" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Community Readiness Monitoring</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/eurosystem-collateral-management-system/participant-information-853534" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Participant information</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/eurosystem-collateral-management-system/test-and-migration" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Test and Migration</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/eurosystem-collateral-management-system/documentation-faqs-ecms" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Documentation &amp; FAQs</span>
</a>
</div>
</li>
</ul> </div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/collateral-account" class="navbar-main__trigger " data-trigger="3" role="menuitem" aria-expanded="false">
<span class="navbar-main__label">Collateral account</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</a>
</div>
<div class="navbar-main__sub navbar-main__sub--3" data-levellist="3">
<ul class="navbar-main__sublist" role="menu">
<li class="navbar-main__item navbar-main__item--4" role="none">
<button class="navbar-main__back unset_button" data-trigger="2" type="button" role="menuitem">
<span class="hidden-lg-up"><i class="fa fa-angle-left" aria-hidden="true"></i> back
</span>
</button>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/collateral-account" class="navbar-main__trigger" data-trigger="4" role="menuitem">
<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
Collateral account</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/collateral-account/information-for-new-customers" class="navbar-main__trigger " data-trigger="4" role="menuitem" aria-expanded="false">
<span class="navbar-main__label">Information for new customers</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</a>
</div>
<div class="navbar-main__sub navbar-main__sub--4" data-levellist="4">
<ul class="navbar-main__sublist" role="menu">
<li class="navbar-main__item navbar-main__item--5" role="none">
<button class="navbar-main__back unset_button" data-trigger="2" type="button" role="menuitem">
<span class="hidden-lg-up"><i class="fa fa-angle-left" aria-hidden="true"></i> back
</span>
</button>
</li>
<li class="navbar-main__item navbar-main__item--5" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/collateral-account/information-for-new-customers" class="navbar-main__trigger" data-trigger="5" role="menuitem">
<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
Information for new customers</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--5" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/collateral-account/information-for-new-customers/forms" class="navbar-main__trigger " data-trigger="5" role="menuitem">
<span class="navbar-main__label">Forms</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--5" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/collateral-account/information-for-new-customers/collateral-management-system" class="navbar-main__trigger " data-trigger="5" role="menuitem">
<span class="navbar-main__label">Collateral management system</span>
</a>
</div>
</li>
</ul> </div>
</li>
</ul> </div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/psd2" class="navbar-main__trigger " data-trigger="3" role="menuitem">
<span class="navbar-main__label">PSD2</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/rps" class="navbar-main__trigger " data-trigger="3" role="menuitem" aria-expanded="false">
<span class="navbar-main__label">RPS</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</a>
</div>
<div class="navbar-main__sub navbar-main__sub--3" data-levellist="3">
<ul class="navbar-main__sublist" role="menu">
<li class="navbar-main__item navbar-main__item--4" role="none">
<button class="navbar-main__back unset_button" data-trigger="2" type="button" role="menuitem">
<span class="hidden-lg-up"><i class="fa fa-angle-left" aria-hidden="true"></i> back
</span>
</button>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/rps" class="navbar-main__trigger" data-trigger="4" role="menuitem">
<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
RPS</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/rps/sepa-clearer" class="navbar-main__trigger " data-trigger="4" role="menuitem" aria-expanded="false">
<span class="navbar-main__label">SEPA-Clearer</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</a>
</div>
<div class="navbar-main__sub navbar-main__sub--4" data-levellist="4">
<ul class="navbar-main__sublist" role="menu">
<li class="navbar-main__item navbar-main__item--5" role="none">
<button class="navbar-main__back unset_button" data-trigger="2" type="button" role="menuitem">
<span class="hidden-lg-up"><i class="fa fa-angle-left" aria-hidden="true"></i> back
</span>
</button>
</li>
<li class="navbar-main__item navbar-main__item--5" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/rps/sepa-clearer" class="navbar-main__trigger" data-trigger="5" role="menuitem">
<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
SEPA-Clearer</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--5" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/rps/sepa-clearer/participation" class="navbar-main__trigger " data-trigger="5" role="menuitem">
<span class="navbar-main__label">Participation</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--5" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/rps/sepa-clearer/fees-and-operating-hours" class="navbar-main__trigger " data-trigger="5" role="menuitem">
<span class="navbar-main__label">Fees and operating hours</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--5" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/rps/sepa-clearer/scl-directory" class="navbar-main__trigger " data-trigger="5" role="menuitem">
<span class="navbar-main__label">SCL-Directory</span>
</a>
</div>
</li>
</ul> </div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/rps/national-cheque-processing" class="navbar-main__trigger " data-trigger="4" role="menuitem" aria-expanded="false">
<span class="navbar-main__label">National cheque processing</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</a>
</div>
<div class="navbar-main__sub navbar-main__sub--4" data-levellist="4">
<ul class="navbar-main__sublist" role="menu">
<li class="navbar-main__item navbar-main__item--5" role="none">
<button class="navbar-main__back unset_button" data-trigger="2" type="button" role="menuitem">
<span class="hidden-lg-up"><i class="fa fa-angle-left" aria-hidden="true"></i> back
</span>
</button>
</li>
<li class="navbar-main__item navbar-main__item--5" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/rps/national-cheque-processing" class="navbar-main__trigger" data-trigger="5" role="menuitem">
<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
National cheque processing</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--5" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/rps/national-cheque-processing/participation" class="navbar-main__trigger " data-trigger="5" role="menuitem">
<span class="navbar-main__label">Participation</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--5" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/rps/national-cheque-processing/fees-and-operating-hours" class="navbar-main__trigger " data-trigger="5" role="menuitem">
<span class="navbar-main__label">Fees and operating hours</span>
</a>
</div>
</li>
</ul> </div>
</li>
</ul> </div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/customer-access-mechanism" class="navbar-main__trigger " data-trigger="3" role="menuitem" aria-expanded="false">
<span class="navbar-main__label">Customer access mechanism</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</a>
</div>
<div class="navbar-main__sub navbar-main__sub--3" data-levellist="3">
<ul class="navbar-main__sublist" role="menu">
<li class="navbar-main__item navbar-main__item--4" role="none">
<button class="navbar-main__back unset_button" data-trigger="2" type="button" role="menuitem">
<span class="hidden-lg-up"><i class="fa fa-angle-left" aria-hidden="true"></i> back
</span>
</button>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/customer-access-mechanism" class="navbar-main__trigger" data-trigger="4" role="menuitem">
<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
Customer access mechanism</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/customer-access-mechanism/cam-individual" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">CAM-Individual</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/customer-access-mechanism/cam-sepa" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">CAM-SEPA</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/customer-access-mechanism/cam-instant" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">CAM-Instant</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/customer-access-mechanism/cam-impay" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">CAM-IMPay</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/customer-access-mechanism/operating-hours-and-fees" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Operating hours and fees</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/customer-access-mechanism/communication" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Communication</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/customer-access-mechanism/correspondent-banking" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Correspondent banking</span>
</a>
</div>
</li>
</ul> </div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/oversight" class="navbar-main__trigger " data-trigger="3" role="menuitem" aria-expanded="false">
<span class="navbar-main__label">Oversight</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</a>
</div>
<div class="navbar-main__sub navbar-main__sub--3" data-levellist="3">
<ul class="navbar-main__sublist" role="menu">
<li class="navbar-main__item navbar-main__item--4" role="none">
<button class="navbar-main__back unset_button" data-trigger="2" type="button" role="menuitem">
<span class="hidden-lg-up"><i class="fa fa-angle-left" aria-hidden="true"></i> back
</span>
</button>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/oversight" class="navbar-main__trigger" data-trigger="4" role="menuitem">
<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
Oversight</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/oversight/business-continuity" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Business Continuity</span>
</a>
</div>
</li>
</ul> </div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/tasks/payment-systems/tiber-de" class="navbar-main__trigger " data-trigger="3" role="menuitem">
<span class="navbar-main__label">TIBER-DE</span>
</a>
</div>
</li>
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<div class="col-4 hidden-md-down">
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<figure class="picture d-block mb-3 position-relative">
<picture class="picture__holder">
<img alt="Suche Icon" class="picture__img img-fluid" data-cm-responsive-image="[{&quot;name&quot;:&quot;ratio16x9&quot;,&quot;ratioWidth&quot;:16,&quot;ratioHeight&quot;:9,&quot;linksForWidth&quot;:{&quot;200&quot;:&quot;/resource/image/861374/ratio16x9/200/112/e2f9d75ef967cb07f7124995cf74ba79/gM/mL/icon-webservice.jpg&quot;,&quot;223&quot;:&quot;/resource/image/861374/ratio16x9/223/125/e2f9d75ef967cb07f7124995cf74ba79/Zh/mL/icon-webservice.jpg&quot;,&quot;260&quot;:&quot;/resource/image/861374/ratio16x9/260/146/e2f9d75ef967cb07f7124995cf74ba79/vt/mL/icon-webservice.jpg&quot;,&quot;384&quot;:&quot;/resource/image/861374/ratio16x9/384/216/e2f9d75ef967cb07f7124995cf74ba79/xK/mL/icon-webservice.jpg&quot;,&quot;432&quot;:&quot;/resource/image/861374/ratio16x9/432/243/e2f9d75ef967cb07f7124995cf74ba79/kI/mL/icon-webservice.jpg&quot;,&quot;450&quot;:&quot;/resource/image/861374/ratio16x9/450/253/e2f9d75ef967cb07f7124995cf74ba79/UZ/mL/icon-webservice.jpg&quot;,&quot;518&quot;:&quot;/resource/image/861374/ratio16x9/518/291/e2f9d75ef967cb07f7124995cf74ba79/Co/mL/icon-webservice.jpg&quot;,&quot;630&quot;:&quot;/resource/image/861374/ratio16x9/630/354/e2f9d75ef967cb07f7124995cf74ba79/Qb/mL/icon-webservice.jpg&quot;,&quot;709&quot;:&quot;/resource/image/861374/ratio16x9/709/399/e2f9d75ef967cb07f7124995cf74ba79/LP/mL/icon-webservice.jpg&quot;,&quot;813&quot;:&quot;/resource/image/861374/ratio16x9/813/457/e2f9d75ef967cb07f7124995cf74ba79/Ru/mL/icon-webservice.jpg&quot;,&quot;957&quot;:&quot;/resource/image/861374/ratio16x9/957/538/e2f9d75ef967cb07f7124995cf74ba79/kb/mL/icon-webservice.jpg&quot;,&quot;1100&quot;:&quot;/resource/image/861374/ratio16x9/1100/619/e2f9d75ef967cb07f7124995cf74ba79/fM/mL/icon-webservice.jpg&quot;,&quot;1276&quot;:&quot;/resource/image/861374/ratio16x9/1276/718/e2f9d75ef967cb07f7124995cf74ba79/CO/mL/icon-webservice.jpg&quot;}}]" src="https://www.bundesbank.de/resource/image/861374/ratio16x9/200/112/e2f9d75ef967cb07f7124995cf74ba79/gM/mL/icon-webservice.jpg">
</picture>
</figure> </div>
<div class="teasable__title">
<div class="h2">
SDMX Web Service
</div></div><div class="teasable__text teasable__text--icon">
<div class="richtext"><p>The Bundesbank provides a new procedure for the automated download of statistical data sets. The web service offers an interface for programmatic access.</p></div></div>
<div class="teasable__data">
<a href="/en/statistics/time-series-databases/help-for-sdmx-web-service" class="teasable__link">
<span class="link__label sr-only">SDMX Web Service</span>
</a>
</div>
</div><div class="teasable teasable--aside teasable--linked">
<div class="teasable__image">
<figure class="picture d-block mb-3 position-relative">
<picture class="picture__holder">
<img alt="Blue digital binary data on computer screen ©ninog / fotolia" class="picture__img img-fluid" data-cm-responsive-image="[{&quot;name&quot;:&quot;ratio16x9&quot;,&quot;ratioWidth&quot;:16,&quot;ratioHeight&quot;:9,&quot;linksForWidth&quot;:{&quot;200&quot;:&quot;/resource/image/658980/ratio16x9/200/112/9d62dbb69bb240e9305d77619ad985a7/tp/dP/binaerzahlen.jpg&quot;,&quot;223&quot;:&quot;/resource/image/658980/ratio16x9/223/125/9d62dbb69bb240e9305d77619ad985a7/Su/dP/binaerzahlen.jpg&quot;,&quot;260&quot;:&quot;/resource/image/658980/ratio16x9/260/146/9d62dbb69bb240e9305d77619ad985a7/xW/dP/binaerzahlen.jpg&quot;,&quot;384&quot;:&quot;/resource/image/658980/ratio16x9/384/216/9d62dbb69bb240e9305d77619ad985a7/WH/dP/binaerzahlen.jpg&quot;,&quot;432&quot;:&quot;/resource/image/658980/ratio16x9/432/243/9d62dbb69bb240e9305d77619ad985a7/Wh/dP/binaerzahlen.jpg&quot;,&quot;450&quot;:&quot;/resource/image/658980/ratio16x9/450/253/9d62dbb69bb240e9305d77619ad985a7/WC/dP/binaerzahlen.jpg&quot;,&quot;518&quot;:&quot;/resource/image/658980/ratio16x9/518/291/9d62dbb69bb240e9305d77619ad985a7/Ft/dP/binaerzahlen.jpg&quot;,&quot;630&quot;:&quot;/resource/image/658980/ratio16x9/630/354/9d62dbb69bb240e9305d77619ad985a7/wM/dP/binaerzahlen.jpg&quot;,&quot;709&quot;:&quot;/resource/image/658980/ratio16x9/709/399/9d62dbb69bb240e9305d77619ad985a7/ws/dP/binaerzahlen.jpg&quot;,&quot;813&quot;:&quot;/resource/image/658980/ratio16x9/813/457/9d62dbb69bb240e9305d77619ad985a7/ET/dP/binaerzahlen.jpg&quot;,&quot;957&quot;:&quot;/resource/image/658980/ratio16x9/957/538/9d62dbb69bb240e9305d77619ad985a7/eE/dP/binaerzahlen.jpg&quot;,&quot;1100&quot;:&quot;/resource/image/658980/ratio16x9/1100/619/9d62dbb69bb240e9305d77619ad985a7/RF/dP/binaerzahlen.jpg&quot;,&quot;1276&quot;:&quot;/resource/image/658980/ratio16x9/1276/718/9d62dbb69bb240e9305d77619ad985a7/Pr/dP/binaerzahlen.jpg&quot;}}]" src="https://www.bundesbank.de/resource/image/658980/ratio16x9/200/112/9d62dbb69bb240e9305d77619ad985a7/tp/dP/binaerzahlen.jpg">
</picture>
<div class="copyright m-top--1_5em m-top--1lh">© ninog / fotolia</div>
</figure> </div>
<div class="teasable__title">
<div class="h2">
Time series databases
</div></div><div class="teasable__text teasable__text--icon">
<div class="richtext"><p>The Bundesbank’s up-to-date statistical data in the form of time series (also available to download as a CSV file or SDMX-ML file).</p></div></div>
<div class="teasable__data">
<a href="/en/statistics/time-series-databases" class="teasable__link">
<span class="link__label sr-only">Time series databases</span>
</a>
</div>
</div> </div>
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Bank sort codes search
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<div class="richtext"><p>Here you will find information on the bank sort code file and on the bank sort code update service. You can also download the bank sort code files.</p></div></div>
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<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
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<a href="/en/service/reporting-systems/banking-statistics/extranet" class="navbar-main__trigger " data-trigger="4" role="menuitem">
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<div class="navbar-main__action">
<a href="/en/service/reporting-systems/financial-stability/other-legal-basis" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Other legal basis</span>
</a>
</div>
</li>
</ul> </div>
</li>
</ul> </div>
</li>
<li class="navbar-main__item navbar-main__item--2" role="none">
<div class="navbar-main__action">
<a href="/en/service/school-service" class="navbar-main__trigger " data-trigger="2" role="menuitem" aria-expanded="false">
<span class="navbar-main__label">School service</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</a>
</div>
<div class="navbar-main__sub navbar-main__sub--2" data-levellist="2">
<ul class="navbar-main__sublist" role="menu">
<li class="navbar-main__item navbar-main__item--3" role="none">
<button class="navbar-main__back unset_button" data-trigger="2" type="button" role="menuitem">
<span class="hidden-lg-up"><i class="fa fa-angle-left" aria-hidden="true"></i> back
</span>
</button>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/service/school-service" class="navbar-main__trigger" data-trigger="3" role="menuitem">
<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
School service</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/service/school-service/animation-videos" class="navbar-main__trigger " data-trigger="3" role="menuitem">
<span class="navbar-main__label">Animation videos</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/service/school-service/interactive-features" class="navbar-main__trigger " data-trigger="3" role="menuitem">
<span class="navbar-main__label">Interactive features</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/service/school-service/teaching-materials" class="navbar-main__trigger " data-trigger="3" role="menuitem" aria-expanded="false">
<span class="navbar-main__label">Teaching materials</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</a>
</div>
<div class="navbar-main__sub navbar-main__sub--3" data-levellist="3">
<ul class="navbar-main__sublist" role="menu">
<li class="navbar-main__item navbar-main__item--4" role="none">
<button class="navbar-main__back unset_button" data-trigger="2" type="button" role="menuitem">
<span class="hidden-lg-up"><i class="fa fa-angle-left" aria-hidden="true"></i> back
</span>
</button>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/service/school-service/teaching-materials" class="navbar-main__trigger" data-trigger="4" role="menuitem">
<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
Teaching materials</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--4" role="none">
<div class="navbar-main__action">
<a href="/en/service/school-service/teaching-materials/graphics-for-teaching" class="navbar-main__trigger " data-trigger="4" role="menuitem">
<span class="navbar-main__label">Graphics for teaching</span>
</a>
</div>
</li>
</ul> </div>
</li>
</ul> </div>
</li>
</ul> </div>
</li>
<li class="navbar-main__item navbar-main__item--1" role="none">
<div class="navbar-main__action">
<button class="navbar-main__trigger navid-662594 unset_button" data-trigger="1" role="menuitem" data-navid="662594" type="button" aria-expanded="false">
<span class="navbar-main__label">Press</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</button>
</div>
<div class="navbar-main__sub navbar-main__sub--1" data-levellist="1">
<div class="col-4 hidden-md-down">
<div class="teasable teasable--aside teasable--linked">
<div class="teasable__image">
<figure class="picture d-block mb-3 position-relative">
<picture class="picture__holder">
<img alt="Journalists at a press conference ©Frank Rumpenhorst" class="picture__img img-fluid" data-cm-responsive-image="[{&quot;name&quot;:&quot;ratio16x9&quot;,&quot;ratioWidth&quot;:16,&quot;ratioHeight&quot;:9,&quot;linksForWidth&quot;:{&quot;200&quot;:&quot;/resource/image/659150/ratio16x9/200/112/f0c58a4c89f8f1f93fce5822d89633a9/bE/eM/presse-konferenz.jpg&quot;,&quot;223&quot;:&quot;/resource/image/659150/ratio16x9/223/125/f0c58a4c89f8f1f93fce5822d89633a9/bN/eM/presse-konferenz.jpg&quot;,&quot;260&quot;:&quot;/resource/image/659150/ratio16x9/260/146/f0c58a4c89f8f1f93fce5822d89633a9/ul/eM/presse-konferenz.jpg&quot;,&quot;384&quot;:&quot;/resource/image/659150/ratio16x9/384/216/f0c58a4c89f8f1f93fce5822d89633a9/Fe/eM/presse-konferenz.jpg&quot;,&quot;432&quot;:&quot;/resource/image/659150/ratio16x9/432/243/f0c58a4c89f8f1f93fce5822d89633a9/Wk/eM/presse-konferenz.jpg&quot;,&quot;450&quot;:&quot;/resource/image/659150/ratio16x9/450/253/f0c58a4c89f8f1f93fce5822d89633a9/TR/eM/presse-konferenz.jpg&quot;,&quot;518&quot;:&quot;/resource/image/659150/ratio16x9/518/291/f0c58a4c89f8f1f93fce5822d89633a9/jo/eM/presse-konferenz.jpg&quot;,&quot;630&quot;:&quot;/resource/image/659150/ratio16x9/630/354/f0c58a4c89f8f1f93fce5822d89633a9/nz/eM/presse-konferenz.jpg&quot;,&quot;709&quot;:&quot;/resource/image/659150/ratio16x9/709/399/f0c58a4c89f8f1f93fce5822d89633a9/Xz/eM/presse-konferenz.jpg&quot;,&quot;813&quot;:&quot;/resource/image/659150/ratio16x9/813/457/f0c58a4c89f8f1f93fce5822d89633a9/EW/eM/presse-konferenz.jpg&quot;,&quot;957&quot;:&quot;/resource/image/659150/ratio16x9/957/538/f0c58a4c89f8f1f93fce5822d89633a9/FL/eM/presse-konferenz.jpg&quot;,&quot;1100&quot;:&quot;/resource/image/659150/ratio16x9/1100/619/f0c58a4c89f8f1f93fce5822d89633a9/kc/eM/presse-konferenz.jpg&quot;,&quot;1276&quot;:&quot;/resource/image/659150/ratio16x9/1276/718/f0c58a4c89f8f1f93fce5822d89633a9/YK/eM/presse-konferenz.jpg&quot;}}]" src="https://www.bundesbank.de/resource/image/659150/ratio16x9/200/112/f0c58a4c89f8f1f93fce5822d89633a9/bE/eM/presse-konferenz.jpg">
</picture>
<div class="copyright m-top--1_5em m-top--1lh">© Frank Rumpenhorst</div>
</figure> </div>
<div class="teasable__title">
<div class="h2">
Press
</div></div><div class="teasable__text teasable__text--icon">
<div class="richtext"><p>In the press area, you will find press releases, speeches, guest contributions and interviews with Bundesbank Executive Board members as well as further press materials.</p></div></div>
<div class="teasable__data">
<a href="/en/press" class="teasable__link">
<span class="link__label sr-only">Press</span>
</a>
</div>
</div> </div>
<ul class="navbar-main__sublist" role="menu">
<li class="navbar-main__item navbar-main__item--2" role="none">
<button class="navbar-main__back unset_button" data-trigger="2" type="button" role="menuitem">
<span class="hidden-lg-up"><i class="fa fa-angle-left" aria-hidden="true"></i> back
</span>
<div class="hidden-md-down btn-mobile btn-mobile--active">
<span class="btn-mobile__line"></span>
<span class="btn-mobile__line"></span>
<span class="btn-mobile__line"></span>
<span class="sr-only"> hide navigation
</span>
</div>
</button>
</li>
<li class="navbar-main__item navbar-main__item--2" role="none">
<div class="navbar-main__action">
<a href="/en/press" class="navbar-main__trigger" data-trigger="2" role="menuitem">
<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
Press</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--2" role="none">
<div class="navbar-main__action">
<a href="/en/press/press-releases" class="navbar-main__trigger " data-trigger="2" role="menuitem" aria-expanded="false">
<span class="navbar-main__label">Press releases</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</a>
</div>
<div class="navbar-main__sub navbar-main__sub--2" data-levellist="2">
<ul class="navbar-main__sublist" role="menu">
<li class="navbar-main__item navbar-main__item--3" role="none">
<button class="navbar-main__back unset_button" data-trigger="2" type="button" role="menuitem">
<span class="hidden-lg-up"><i class="fa fa-angle-left" aria-hidden="true"></i> back
</span>
</button>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/press/press-releases" class="navbar-main__trigger" data-trigger="3" role="menuitem">
<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
Press releases</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/press/press-releases/federal-securities" class="navbar-main__trigger " data-trigger="3" role="menuitem">
<span class="navbar-main__label">Federal securities</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/press/press-releases/esm" class="navbar-main__trigger " data-trigger="3" role="menuitem">
<span class="navbar-main__label">EFSF/ESM</span>
</a>
</div>
</li>
</ul> </div>
</li>
<li class="navbar-main__item navbar-main__item--2" role="none">
<div class="navbar-main__action">
<a href="/en/press/speeches" class="navbar-main__trigger " data-trigger="2" role="menuitem">
<span class="navbar-main__label">Speeches</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--2" role="none">
<div class="navbar-main__action">
<a href="/en/press/interviews" class="navbar-main__trigger " data-trigger="2" role="menuitem">
<span class="navbar-main__label">Interviews</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--2" role="none">
<div class="navbar-main__action">
<a href="/en/press/contributions" class="navbar-main__trigger " data-trigger="2" role="menuitem">
<span class="navbar-main__label">Contributions</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--2" role="none">
<div class="navbar-main__action">
<a href="/en/press/press-materials" class="navbar-main__trigger " data-trigger="2" role="menuitem" aria-expanded="false">
<span class="navbar-main__label">Press materials</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</a>
</div>
<div class="navbar-main__sub navbar-main__sub--2" data-levellist="2">
<ul class="navbar-main__sublist" role="menu">
<li class="navbar-main__item navbar-main__item--3" role="none">
<button class="navbar-main__back unset_button" data-trigger="2" type="button" role="menuitem">
<span class="hidden-lg-up"><i class="fa fa-angle-left" aria-hidden="true"></i> back
</span>
</button>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/press/press-materials" class="navbar-main__trigger" data-trigger="3" role="menuitem">
<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
Press materials</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/press/press-materials/pictures-archive" class="navbar-main__trigger " data-trigger="3" role="menuitem">
<span class="navbar-main__label">Pictures archive</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/press/press-materials/video-footage" class="navbar-main__trigger " data-trigger="3" role="menuitem">
<span class="navbar-main__label">Video footage</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--3" role="none">
<div class="navbar-main__action">
<a href="/en/press/press-materials/logo" class="navbar-main__trigger " data-trigger="3" role="menuitem">
<span class="navbar-main__label">Logo</span>
</a>
</div>
</li>
</ul> </div>
</li>
<li class="navbar-main__item navbar-main__item--2" role="none">
<div class="navbar-main__action">
<a href="/en/press/dates" class="navbar-main__trigger " data-trigger="2" role="menuitem">
<span class="navbar-main__label">Press dates</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--2" role="none">
<div class="navbar-main__action">
<a href="/en/press/press-contact" class="navbar-main__trigger " data-trigger="2" role="menuitem">
<span class="navbar-main__label">Press contact</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--2" role="none">
<div class="navbar-main__action">
<a href="/en/press/calendar-of-the-executive-board" class="navbar-main__trigger " data-trigger="2" role="menuitem">
<span class="navbar-main__label">Calendar of the Executive Board</span>
</a>
</div>
</li>
</ul> </div>
</li>
<li class="navbar-main__item navbar-main__item--1" role="none">
<div class="navbar-main__action">
<button class="navbar-main__trigger navid-625890 unset_button" data-trigger="1" role="menuitem" data-navid="625890" type="button" aria-expanded="false">
<span class="navbar-main__label">Publications</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</button>
</div>
<div class="navbar-main__sub navbar-main__sub--1" data-levellist="1">
<div class="col-4 hidden-md-down">
<div class="teasable teasable--aside teasable--linked">
<div class="teasable__image">
<figure class="picture d-block mb-3 position-relative">
<picture class="picture__holder">
<img alt="An open book next to a laptop ©Dieter Roosen" class="picture__img img-fluid" data-cm-responsive-image="[{&quot;name&quot;:&quot;ratio16x9&quot;,&quot;ratioWidth&quot;:16,&quot;ratioHeight&quot;:9,&quot;linksForWidth&quot;:{&quot;200&quot;:&quot;/resource/image/659008/ratio16x9/200/112/912fcb4af321153e316fefe20e4619d3/Mw/qG/buch-mit-notebook.jpg&quot;,&quot;223&quot;:&quot;/resource/image/659008/ratio16x9/223/125/912fcb4af321153e316fefe20e4619d3/Tt/qG/buch-mit-notebook.jpg&quot;,&quot;260&quot;:&quot;/resource/image/659008/ratio16x9/260/146/912fcb4af321153e316fefe20e4619d3/kd/qG/buch-mit-notebook.jpg&quot;,&quot;384&quot;:&quot;/resource/image/659008/ratio16x9/384/216/912fcb4af321153e316fefe20e4619d3/Ey/qG/buch-mit-notebook.jpg&quot;,&quot;432&quot;:&quot;/resource/image/659008/ratio16x9/432/243/912fcb4af321153e316fefe20e4619d3/AM/qG/buch-mit-notebook.jpg&quot;,&quot;450&quot;:&quot;/resource/image/659008/ratio16x9/450/253/912fcb4af321153e316fefe20e4619d3/JJ/qG/buch-mit-notebook.jpg&quot;,&quot;518&quot;:&quot;/resource/image/659008/ratio16x9/518/291/912fcb4af321153e316fefe20e4619d3/Ho/qG/buch-mit-notebook.jpg&quot;,&quot;630&quot;:&quot;/resource/image/659008/ratio16x9/630/354/912fcb4af321153e316fefe20e4619d3/CX/qG/buch-mit-notebook.jpg&quot;,&quot;709&quot;:&quot;/resource/image/659008/ratio16x9/709/399/912fcb4af321153e316fefe20e4619d3/Vr/qG/buch-mit-notebook.jpg&quot;,&quot;813&quot;:&quot;/resource/image/659008/ratio16x9/813/457/912fcb4af321153e316fefe20e4619d3/va/qG/buch-mit-notebook.jpg&quot;,&quot;957&quot;:&quot;/resource/image/659008/ratio16x9/957/538/912fcb4af321153e316fefe20e4619d3/RL/qG/buch-mit-notebook.jpg&quot;,&quot;1100&quot;:&quot;/resource/image/659008/ratio16x9/1100/619/912fcb4af321153e316fefe20e4619d3/gs/qG/buch-mit-notebook.jpg&quot;,&quot;1276&quot;:&quot;/resource/image/659008/ratio16x9/1276/718/912fcb4af321153e316fefe20e4619d3/fO/qG/buch-mit-notebook.jpg&quot;}}]" src="https://www.bundesbank.de/resource/image/659008/ratio16x9/200/112/912fcb4af321153e316fefe20e4619d3/Mw/qG/buch-mit-notebook.jpg">
</picture>
<div class="copyright m-top--1_5em m-top--1lh">© Dieter Roosen</div>
</figure> </div>
<div class="teasable__title">
<div class="h2">
Studies
</div></div><div class="teasable__text teasable__text--icon">
<div class="richtext"><p>The Bundesbank published various studies and conference proceedings, resulting from the research activities of its employees and guest researchers.</p></div></div>
<div class="teasable__data">
<a href="/en/publications/reports/studies" class="teasable__link">
<span class="link__label sr-only">Studies</span>
</a>
</div>
</div> </div>
<ul class="navbar-main__sublist" role="menu">
<li class="navbar-main__item navbar-main__item--2" role="none">
<button class="navbar-main__back unset_button" data-trigger="2" type="button" role="menuitem">
<span class="hidden-lg-up"><i class="fa fa-angle-left" aria-hidden="true"></i> back
</span>
<div class="hidden-md-down btn-mobile btn-mobile--active">
<span class="btn-mobile__line"></span>
<span class="btn-mobile__line"></span>
<span class="btn-mobile__line"></span>
<span class="sr-only"> hide navigation
</span>
</div>
</button>
</li>
<li class="navbar-main__item navbar-main__item--2" role="none">
<div class="navbar-main__action">
<a href="/en/publications" class="navbar-main__trigger" data-trigger="2" role="menuitem">
<i class="fa fa-th" aria-hidden="true"></i><span class="navbar-main__label"> Overview
Publications</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--2" role="none">
<div class="navbar-main__action">
<a href="/en/publications/reports" class="navbar-main__trigger " data-trigger="2" role="menuitem">
<span class="navbar-main__label">Reports and studies</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--2" role="none">
<div class="navbar-main__action">
<a href="/en/publications/research" class="navbar-main__trigger " data-trigger="2" role="menuitem">
<span class="navbar-main__label">Research</span>
</a>
</div>
</li>
<li class="navbar-main__item navbar-main__item--2" role="none">
<div class="navbar-main__action">
<a href="/en/publications/statistics" class="navbar-main__trigger " data-trigger="2" role="menuitem">
<span class="navbar-main__label">Statistics</span>
</a>
</div>
</li>
</ul> </div>
</li>
<li class="navbar-main__item navbar-main__item--1" role="none">
<div class="navbar-main__action">
<button class="navbar-main__trigger navid-712266 unset_button" data-trigger="1" role="menuitem" data-navid="712266" type="button" aria-expanded="false">
<span class="navbar-main__label">Career</span>
<span class="navbar-main__icon" aria-hidden="true"><i class="fa fa-angle-right" aria-hidden="true"></i></span>
</button>
</div>
<div class="navbar-main__sub navbar-main__sub--1" data-levellist="1">
<div class="col-4 hidden-md-down">
<div class="teasable teasable--aside teasable--linked">
<div class="teasable__image">
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<div class="h1 bbk-slider__headline">Monthly Report: German economy remains weak</div>
<p class="bbk-slider__date text-date">
19.09.2024
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<div class="richtext"><nav class="linklist"></nav><p id="par-oi2646">The German economy continues to be weak, according to the current issue of the Bundesbank’s Monthly Report. Output in the industrial sector and in construction got off to a sluggish start in the third quarter of 2024 and consumers are holding back on spending. From today’s perspective, real gross domestic product <span class="text-nowrap">(<abbr title="gross domestic product" lang="en" aria-describedby="345535aad4ab">GDP</abbr>)</span> could stagnate or decline again somewhat in the third quarter. However, the authors of the article are currently not expecting a recession in the sense of a significant, broad-based and persistent decline in economic output. </p></div></div><a href="/en/tasks/topics/monthly-report-german-economy-remains-weak-940612" class="teasable__link" tabindex="0">
<span class="link__label sr-only">Monthly Report: German economy remains weak</span>
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<img alt="A shopping trolley in front of supermarket shelves ©Adobe Stock / Light Impression" class="picture__img" data-cm-responsive-image="[{&quot;name&quot;:&quot;ratio3x2&quot;,&quot;ratioWidth&quot;:3,&quot;ratioHeight&quot;:2,&quot;linksForWidth&quot;:{&quot;150&quot;:&quot;/resource/image/937972/ratio3x2/150/100/551cfe92ee5ffe8fe89f036ec0e85b4/hW/ka/supermarkt-einkaufswagen.jpg&quot;,&quot;200&quot;:&quot;/resource/image/937972/ratio3x2/200/133/551cfe92ee5ffe8fe89f036ec0e85b4/lY/ka/supermarkt-einkaufswagen.jpg&quot;,&quot;340&quot;:&quot;/resource/image/937972/ratio3x2/340/227/551cfe92ee5ffe8fe89f036ec0e85b4/XZ/ka/supermarkt-einkaufswagen.jpg&quot;,&quot;432&quot;:&quot;/resource/image/937972/ratio3x2/432/288/551cfe92ee5ffe8fe89f036ec0e85b4/BK/ka/supermarkt-einkaufswagen.jpg&quot;,&quot;466&quot;:&quot;/resource/image/937972/ratio3x2/466/311/551cfe92ee5ffe8fe89f036ec0e85b4/Cg/ka/supermarkt-einkaufswagen.jpg&quot;,&quot;709&quot;:&quot;/resource/image/937972/ratio3x2/709/473/551cfe92ee5ffe8fe89f036ec0e85b4/vV/ka/supermarkt-einkaufswagen.jpg&quot;,&quot;813&quot;:&quot;/resource/image/937972/ratio3x2/813/542/551cfe92ee5ffe8fe89f036ec0e85b4/xW/ka/supermarkt-einkaufswagen.jpg&quot;,&quot;957&quot;:&quot;/resource/image/937972/ratio3x2/957/638/551cfe92ee5ffe8fe89f036ec0e85b4/Qp/ka/supermarkt-einkaufswagen.jpg&quot;,&quot;1100&quot;:&quot;/resource/image/937972/ratio3x2/1100/733/551cfe92ee5ffe8fe89f036ec0e85b4/Wa/ka/supermarkt-einkaufswagen.jpg&quot;,&quot;1276&quot;:&quot;/resource/image/937972/ratio3x2/1276/851/551cfe92ee5ffe8fe89f036ec0e85b4/ip/ka/supermarkt-einkaufswagen.jpg&quot;}}]" src="https://www.bundesbank.de/resource/image/937972/ratio3x2/340/227/551cfe92ee5ffe8fe89f036ec0e85b4/XZ/ka/supermarkt-einkaufswagen.jpg">
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<div class="h1 bbk-slider__headline">“Backstage Bundesbank”: Open Day attracts more than 11,000 visitors</div>
<p class="bbk-slider__date text-date">
17.09.2024
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<div class="richtext"><nav class="linklist"></nav><p id="par-i9i7a5">With the theme “Backstage Bundesbank”, the Bundesbank invited the public to its Frankfurt am Main premises for an Open Day last weekend. More than 11,000&nbsp;visitors came to gain an insight into the tasks of Germany’s central bank.</p></div></div><a href="/en/tasks/topics/-backstage-bundesbank-open-day-attracts-more-than-11-000-visitors-856220" class="teasable__link" tabindex="-1">
<span class="link__label sr-only">“Backstage Bundesbank”: Open Day attracts more than 11,000 visitors</span>
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<img alt="Backstage Bundesbank 2024 ©Frank Rumpenhorst" class="picture__img" data-cm-responsive-image="[{&quot;name&quot;:&quot;ratio3x2&quot;,&quot;ratioWidth&quot;:3,&quot;ratioHeight&quot;:2,&quot;linksForWidth&quot;:{&quot;150&quot;:&quot;/resource/image/935462/ratio3x2/150/100/7a10c6e27a85621e489b411329a0125c/EN/eM/2024-09-14-backstage.jpg&quot;,&quot;200&quot;:&quot;/resource/image/935462/ratio3x2/200/133/7a10c6e27a85621e489b411329a0125c/mX/eM/2024-09-14-backstage.jpg&quot;,&quot;340&quot;:&quot;/resource/image/935462/ratio3x2/340/227/7a10c6e27a85621e489b411329a0125c/UY/eM/2024-09-14-backstage.jpg&quot;,&quot;432&quot;:&quot;/resource/image/935462/ratio3x2/432/288/7a10c6e27a85621e489b411329a0125c/rl/eM/2024-09-14-backstage.jpg&quot;,&quot;466&quot;:&quot;/resource/image/935462/ratio3x2/466/311/7a10c6e27a85621e489b411329a0125c/xX/eM/2024-09-14-backstage.jpg&quot;,&quot;709&quot;:&quot;/resource/image/935462/ratio3x2/709/473/7a10c6e27a85621e489b411329a0125c/bY/eM/2024-09-14-backstage.jpg&quot;,&quot;813&quot;:&quot;/resource/image/935462/ratio3x2/813/542/7a10c6e27a85621e489b411329a0125c/Et/eM/2024-09-14-backstage.jpg&quot;,&quot;957&quot;:&quot;/resource/image/935462/ratio3x2/957/638/7a10c6e27a85621e489b411329a0125c/yU/eM/2024-09-14-backstage.jpg&quot;,&quot;1100&quot;:&quot;/resource/image/935462/ratio3x2/1100/733/7a10c6e27a85621e489b411329a0125c/AF/eM/2024-09-14-backstage.jpg&quot;,&quot;1276&quot;:&quot;/resource/image/935462/ratio3x2/1276/851/7a10c6e27a85621e489b411329a0125c/gk/eM/2024-09-14-backstage.jpg&quot;}}]" src="https://www.bundesbank.de/resource/image/935462/ratio3x2/340/227/7a10c6e27a85621e489b411329a0125c/UY/eM/2024-09-14-backstage.jpg">
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<div class="copyright m-top--1_5em m-top--1lh">© Frank Rumpenhorst</div>
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<div class="h1 bbk-slider__headline">German credit institutions’ performance improved significantly in 2023</div>
<p class="bbk-slider__date text-date">
17.09.2024
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<div class="richtext"><nav class="linklist"></nav><p id="par-u2a18e"><span>German credit institutions’ performance improved significantly in 2023, according to the current issue of the Bundesbank’s Monthly Report. At €48.7 billion, aggregate profit for the financial year before tax increased considerably, up by nearly 80% on the year. All categories of banks posted higher profits for the 2023 financial year than they had done in 2022. This development was driven in large part by the significant increase in net interest income resulting from the Eurosystem’s key interest rate hikes. </span></p></div></div><a href="/en/tasks/topics/german-credit-institutions-performance-improved-significantly-in-2023-940238" class="teasable__link" tabindex="-1">
<span class="link__label sr-only">German credit institutions’ performance improved significantly in 2023</span>
</a> </div>
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<img alt="Skyline Frankfurt am Main with the Grüneburgpark ©Nils Thies" class="picture__img" data-cm-responsive-image="[{&quot;name&quot;:&quot;ratio3x2&quot;,&quot;ratioWidth&quot;:3,&quot;ratioHeight&quot;:2,&quot;linksForWidth&quot;:{&quot;150&quot;:&quot;/resource/image/838006/ratio3x2/150/100/2873610816a8edf5032cfe3dbb4536ca/IZ/DC/skyline-frankfurt-park.jpg&quot;,&quot;200&quot;:&quot;/resource/image/838006/ratio3x2/200/133/2873610816a8edf5032cfe3dbb4536ca/nv/DC/skyline-frankfurt-park.jpg&quot;,&quot;340&quot;:&quot;/resource/image/838006/ratio3x2/340/227/2873610816a8edf5032cfe3dbb4536ca/rI/DC/skyline-frankfurt-park.jpg&quot;,&quot;432&quot;:&quot;/resource/image/838006/ratio3x2/432/288/2873610816a8edf5032cfe3dbb4536ca/KF/DC/skyline-frankfurt-park.jpg&quot;,&quot;466&quot;:&quot;/resource/image/838006/ratio3x2/466/311/2873610816a8edf5032cfe3dbb4536ca/aP/DC/skyline-frankfurt-park.jpg&quot;,&quot;709&quot;:&quot;/resource/image/838006/ratio3x2/709/473/2873610816a8edf5032cfe3dbb4536ca/og/DC/skyline-frankfurt-park.jpg&quot;,&quot;813&quot;:&quot;/resource/image/838006/ratio3x2/813/542/2873610816a8edf5032cfe3dbb4536ca/sZ/DC/skyline-frankfurt-park.jpg&quot;,&quot;957&quot;:&quot;/resource/image/838006/ratio3x2/957/638/2873610816a8edf5032cfe3dbb4536ca/mQ/DC/skyline-frankfurt-park.jpg&quot;,&quot;1100&quot;:&quot;/resource/image/838006/ratio3x2/1100/733/2873610816a8edf5032cfe3dbb4536ca/Vd/DC/skyline-frankfurt-park.jpg&quot;,&quot;1276&quot;:&quot;/resource/image/838006/ratio3x2/1276/851/2873610816a8edf5032cfe3dbb4536ca/MQ/DC/skyline-frankfurt-park.jpg&quot;}}]" src="https://www.bundesbank.de/resource/image/838006/ratio3x2/340/227/2873610816a8edf5032cfe3dbb4536ca/rI/DC/skyline-frankfurt-park.jpg">
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<div class="copyright m-top--1_5em m-top--1lh">© Nils Thies</div>
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<div class="h1 bbk-slider__headline">European climate policy has, to date, not caused a demonstrable relocation of production by German enterprises </div>
<p class="bbk-slider__date text-date">
16.09.2024
</p>
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<div class="richtext"><nav class="linklist"></nav><p id="par-e16395"><q class="language-aware-quote">To date, European climate policy has not yet led to widespread relocations of energy-intensive production abroad by domestic firms,</q>&nbsp;the Bundesbank concludes in its latest Monthly Report. In this, the economists examine the impact of the <abbr title="Europäische Union" lang="de" aria-describedby="11de0d3e63d1">EU</abbr> Emissions Trading System <span class="text-nowrap">(<abbr title="Europäische Union" lang="de" aria-describedby="c086b52e9293">EU</abbr></span> <span class="text-nowrap"><abbr title="Emissions Trading System" lang="en" aria-describedby="37c8f9bdf351">ETS</abbr>)</span> on the foreign direct investment decisions taken by German manufacturing sector enterprises. The experts conclude that favourable framework conditions that encourage innovation in low-emissions technologies are needed in order to prevent domestic production from being relocated in the future, too.</p></div></div><a href="/en/tasks/topics/monthly-report-european-climate-policy-has-to-date-not-caused-a-demonstrable-relocation-of-production-by-german-enterprises-to-non-european-countries-856210" class="teasable__link" tabindex="-1">
<span class="link__label sr-only">Monthly Report: European climate policy has, to date, not caused a demonstrable relocation of production by German enterprises to non-European countries</span>
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<div class="copyright m-top--1_5em m-top--1lh">© KfW / Kay Jackson</div>
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Executive Board consultation regarding the recommendation by the Bundesrat’s Financial Committee
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<div class="copyright m-top--1_5em m-top--1lh">© Christian Kielmann</div>
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Carl Menger Prize goes to Benjamin Moll
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<a href="/en/tasks/topics/carl-menger-prize-goes-to-benjamin-moll-856216" class="teasable__link">
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<div class="copyright m-top--1_5em m-top--1lh">© Gaby Gerster</div>
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Executive Board agrees allocation of responsibilities
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<div class="copyright m-top--1_5em m-top--1lh">© Annika Soru</div>
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Bundesbank hosts start-ups at InnoWerk
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<img alt="Photo shows the video &quot;How the digital euro works&quot;." class="picture__img img-fluid mw-100" data-cm-responsive-image="[{&quot;name&quot;:&quot;ratio16x9&quot;,&quot;ratioWidth&quot;:16,&quot;ratioHeight&quot;:9,&quot;linksForWidth&quot;:{&quot;200&quot;:&quot;/resource/image/917506/ratio16x9/200/112/fe079fa43aa8d6d0b8dcaa451056ddc/ya/mL/digitaler-euro.jpg&quot;,&quot;223&quot;:&quot;/resource/image/917506/ratio16x9/223/125/fe079fa43aa8d6d0b8dcaa451056ddc/eT/mL/digitaler-euro.jpg&quot;,&quot;260&quot;:&quot;/resource/image/917506/ratio16x9/260/146/fe079fa43aa8d6d0b8dcaa451056ddc/GH/mL/digitaler-euro.jpg&quot;,&quot;384&quot;:&quot;/resource/image/917506/ratio16x9/384/216/fe079fa43aa8d6d0b8dcaa451056ddc/oU/mL/digitaler-euro.jpg&quot;,&quot;432&quot;:&quot;/resource/image/917506/ratio16x9/432/243/fe079fa43aa8d6d0b8dcaa451056ddc/TC/mL/digitaler-euro.jpg&quot;,&quot;450&quot;:&quot;/resource/image/917506/ratio16x9/450/253/fe079fa43aa8d6d0b8dcaa451056ddc/en/mL/digitaler-euro.jpg&quot;,&quot;518&quot;:&quot;/resource/image/917506/ratio16x9/518/291/fe079fa43aa8d6d0b8dcaa451056ddc/wm/mL/digitaler-euro.jpg&quot;,&quot;630&quot;:&quot;/resource/image/917506/ratio16x9/630/354/fe079fa43aa8d6d0b8dcaa451056ddc/dd/mL/digitaler-euro.jpg&quot;,&quot;709&quot;:&quot;/resource/image/917506/ratio16x9/709/399/fe079fa43aa8d6d0b8dcaa451056ddc/uZ/mL/digitaler-euro.jpg&quot;,&quot;813&quot;:&quot;/resource/image/917506/ratio16x9/813/457/fe079fa43aa8d6d0b8dcaa451056ddc/Og/mL/digitaler-euro.jpg&quot;,&quot;957&quot;:&quot;/resource/image/917506/ratio16x9/957/538/fe079fa43aa8d6d0b8dcaa451056ddc/WZ/mL/digitaler-euro.jpg&quot;,&quot;1100&quot;:&quot;/resource/image/917506/ratio16x9/1100/619/fe079fa43aa8d6d0b8dcaa451056ddc/ce/mL/digitaler-euro.jpg&quot;,&quot;1276&quot;:&quot;/resource/image/917506/ratio16x9/1276/718/fe079fa43aa8d6d0b8dcaa451056ddc/TA/mL/digitaler-euro.jpg&quot;}}]" src="https://www.bundesbank.de/resource/image/917506/ratio16x9/200/112/fe079fa43aa8d6d0b8dcaa451056ddc/ya/mL/digitaler-euro.jpg">
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How the digital euro works
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</div></div> <div class="teasable__data"><a href="/de/service/mediathek/how-the-digital-euro-works-917492" class="teasable__link"><span class="link__label sr-only">How the digital euro works</span></a></div>
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<div class="copyright m-top--1_5em m-top--1lh">© Frank Rumpenhorst</div>
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Continue to fight for price stability
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</div></div> <div class="teasable__data"><a href="/de/service/mediathek/continue-to-fight-for-price-stability-925790" class="teasable__link"><span class="link__label sr-only">Continue to fight for price stability</span></a></div>
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Women in Monetary Policy
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</div></div> <div class="teasable__data"><a href="/de/service/mediathek/women-in-monetary-policy-926676" class="teasable__link"><span class="link__label sr-only">Women in Monetary Policy</span></a></div>
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<img alt="Startbild zum Video des Geldmuseums zum Thema Vögel und Geldpolitik" class="picture__img img-fluid mw-100" data-cm-responsive-image="[{&quot;name&quot;:&quot;ratio16x9&quot;,&quot;ratioWidth&quot;:16,&quot;ratioHeight&quot;:9,&quot;linksForWidth&quot;:{&quot;200&quot;:&quot;/resource/image/860830/ratio16x9/200/112/d4fbf1b2c4163e34dfcddde7b5217cf1/vB/mL/geldmuseum-voegel.jpg&quot;,&quot;223&quot;:&quot;/resource/image/860830/ratio16x9/223/125/d4fbf1b2c4163e34dfcddde7b5217cf1/By/mL/geldmuseum-voegel.jpg&quot;,&quot;260&quot;:&quot;/resource/image/860830/ratio16x9/260/146/d4fbf1b2c4163e34dfcddde7b5217cf1/Si/mL/geldmuseum-voegel.jpg&quot;,&quot;384&quot;:&quot;/resource/image/860830/ratio16x9/384/216/d4fbf1b2c4163e34dfcddde7b5217cf1/nD/mL/geldmuseum-voegel.jpg&quot;,&quot;432&quot;:&quot;/resource/image/860830/ratio16x9/432/243/d4fbf1b2c4163e34dfcddde7b5217cf1/iR/mL/geldmuseum-voegel.jpg&quot;,&quot;450&quot;:&quot;/resource/image/860830/ratio16x9/450/253/d4fbf1b2c4163e34dfcddde7b5217cf1/rO/mL/geldmuseum-voegel.jpg&quot;,&quot;518&quot;:&quot;/resource/image/860830/ratio16x9/518/291/d4fbf1b2c4163e34dfcddde7b5217cf1/pt/mL/geldmuseum-voegel.jpg&quot;,&quot;630&quot;:&quot;/resource/image/860830/ratio16x9/630/354/d4fbf1b2c4163e34dfcddde7b5217cf1/kc/mL/geldmuseum-voegel.jpg&quot;,&quot;709&quot;:&quot;/resource/image/860830/ratio16x9/709/399/d4fbf1b2c4163e34dfcddde7b5217cf1/JI/mL/geldmuseum-voegel.jpg&quot;,&quot;813&quot;:&quot;/resource/image/860830/ratio16x9/813/457/d4fbf1b2c4163e34dfcddde7b5217cf1/CL/mL/geldmuseum-voegel.jpg&quot;,&quot;957&quot;:&quot;/resource/image/860830/ratio16x9/957/538/d4fbf1b2c4163e34dfcddde7b5217cf1/tY/mL/geldmuseum-voegel.jpg&quot;,&quot;1100&quot;:&quot;/resource/image/860830/ratio16x9/1100/619/d4fbf1b2c4163e34dfcddde7b5217cf1/Ox/mL/geldmuseum-voegel.jpg&quot;,&quot;1276&quot;:&quot;/resource/image/860830/ratio16x9/1276/718/d4fbf1b2c4163e34dfcddde7b5217cf1/Sf/mL/geldmuseum-voegel.jpg&quot;}}]" src="https://www.bundesbank.de/resource/image/860830/ratio16x9/200/112/d4fbf1b2c4163e34dfcddde7b5217cf1/vB/mL/geldmuseum-voegel.jpg">
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Say hello to some feathered friends
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</div></div> <div class="teasable__data"><a href="/de/service/mediathek/say-hello-to-some-feathered-friends-860828" class="teasable__link"><span class="link__label sr-only">Say hello to some feathered friends</span></a></div>
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<img alt="Photo shows the film &quot;Bundesbank salvages burned banknotes&quot;" class="picture__img img-fluid mw-100" data-cm-responsive-image="[{&quot;name&quot;:&quot;ratio16x9&quot;,&quot;ratioWidth&quot;:16,&quot;ratioHeight&quot;:9,&quot;linksForWidth&quot;:{&quot;200&quot;:&quot;/resource/image/876740/ratio16x9/200/112/211f37a06c2d0e408c21015eb46b6c96/Lm/mL/bargeld-reihe-beschaedigtes-bargeld.jpg&quot;,&quot;223&quot;:&quot;/resource/image/876740/ratio16x9/223/125/211f37a06c2d0e408c21015eb46b6c96/Dv/mL/bargeld-reihe-beschaedigtes-bargeld.jpg&quot;,&quot;260&quot;:&quot;/resource/image/876740/ratio16x9/260/146/211f37a06c2d0e408c21015eb46b6c96/gf/mL/bargeld-reihe-beschaedigtes-bargeld.jpg&quot;,&quot;384&quot;:&quot;/resource/image/876740/ratio16x9/384/216/211f37a06c2d0e408c21015eb46b6c96/Uk/mL/bargeld-reihe-beschaedigtes-bargeld.jpg&quot;,&quot;432&quot;:&quot;/resource/image/876740/ratio16x9/432/243/211f37a06c2d0e408c21015eb46b6c96/fi/mL/bargeld-reihe-beschaedigtes-bargeld.jpg&quot;,&quot;450&quot;:&quot;/resource/image/876740/ratio16x9/450/253/211f37a06c2d0e408c21015eb46b6c96/Lz/mL/bargeld-reihe-beschaedigtes-bargeld.jpg&quot;,&quot;518&quot;:&quot;/resource/image/876740/ratio16x9/518/291/211f37a06c2d0e408c21015eb46b6c96/SO/mL/bargeld-reihe-beschaedigtes-bargeld.jpg&quot;,&quot;630&quot;:&quot;/resource/image/876740/ratio16x9/630/354/211f37a06c2d0e408c21015eb46b6c96/AB/mL/bargeld-reihe-beschaedigtes-bargeld.jpg&quot;,&quot;709&quot;:&quot;/resource/image/876740/ratio16x9/709/399/211f37a06c2d0e408c21015eb46b6c96/ip/mL/bargeld-reihe-beschaedigtes-bargeld.jpg&quot;,&quot;813&quot;:&quot;/resource/image/876740/ratio16x9/813/457/211f37a06c2d0e408c21015eb46b6c96/ZU/mL/bargeld-reihe-beschaedigtes-bargeld.jpg&quot;,&quot;957&quot;:&quot;/resource/image/876740/ratio16x9/957/538/211f37a06c2d0e408c21015eb46b6c96/zl/mL/bargeld-reihe-beschaedigtes-bargeld.jpg&quot;,&quot;1100&quot;:&quot;/resource/image/876740/ratio16x9/1100/619/211f37a06c2d0e408c21015eb46b6c96/Py/mL/bargeld-reihe-beschaedigtes-bargeld.jpg&quot;,&quot;1276&quot;:&quot;/resource/image/876740/ratio16x9/1276/718/211f37a06c2d0e408c21015eb46b6c96/BI/mL/bargeld-reihe-beschaedigtes-bargeld.jpg&quot;}}]" src="https://www.bundesbank.de/resource/image/876740/ratio16x9/200/112/211f37a06c2d0e408c21015eb46b6c96/Lm/mL/bargeld-reihe-beschaedigtes-bargeld.jpg">
</picture>
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<div>
Bundesbank salvages burned banknotes
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</div></div> <div class="teasable__data"><a href="/de/service/mediathek/bundesbank-salvages-burned-banknotes-876738" class="teasable__link"><span class="link__label sr-only">Bundesbank salvages burned banknotes</span></a></div>
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<img alt="Start image for the explainer video &quot;Why financial stability isn’t boring&quot;" class="picture__img img-fluid mw-100" data-cm-responsive-image="[{&quot;name&quot;:&quot;ratio16x9&quot;,&quot;ratioWidth&quot;:16,&quot;ratioHeight&quot;:9,&quot;linksForWidth&quot;:{&quot;200&quot;:&quot;/resource/image/880706/ratio16x9/200/112/4d9c51cbad400dffe7311b5a4016eca9/MS/mL/finanzstabilitaet-leicht-erklaeert.png&quot;,&quot;223&quot;:&quot;/resource/image/880706/ratio16x9/223/125/4d9c51cbad400dffe7311b5a4016eca9/eT/mL/finanzstabilitaet-leicht-erklaeert.png&quot;,&quot;260&quot;:&quot;/resource/image/880706/ratio16x9/260/146/4d9c51cbad400dffe7311b5a4016eca9/zz/mL/finanzstabilitaet-leicht-erklaeert.png&quot;,&quot;384&quot;:&quot;/resource/image/880706/ratio16x9/384/216/4d9c51cbad400dffe7311b5a4016eca9/ac/mL/finanzstabilitaet-leicht-erklaeert.png&quot;,&quot;432&quot;:&quot;/resource/image/880706/ratio16x9/432/243/4d9c51cbad400dffe7311b5a4016eca9/OW/mL/finanzstabilitaet-leicht-erklaeert.png&quot;,&quot;450&quot;:&quot;/resource/image/880706/ratio16x9/450/253/4d9c51cbad400dffe7311b5a4016eca9/Yf/mL/finanzstabilitaet-leicht-erklaeert.png&quot;,&quot;518&quot;:&quot;/resource/image/880706/ratio16x9/518/291/4d9c51cbad400dffe7311b5a4016eca9/Vy/mL/finanzstabilitaet-leicht-erklaeert.png&quot;,&quot;630&quot;:&quot;/resource/image/880706/ratio16x9/630/354/4d9c51cbad400dffe7311b5a4016eca9/NN/mL/finanzstabilitaet-leicht-erklaeert.png&quot;,&quot;709&quot;:&quot;/resource/image/880706/ratio16x9/709/399/4d9c51cbad400dffe7311b5a4016eca9/WZ/mL/finanzstabilitaet-leicht-erklaeert.png&quot;,&quot;813&quot;:&quot;/resource/image/880706/ratio16x9/813/457/4d9c51cbad400dffe7311b5a4016eca9/RE/mL/finanzstabilitaet-leicht-erklaeert.png&quot;,&quot;957&quot;:&quot;/resource/image/880706/ratio16x9/957/538/4d9c51cbad400dffe7311b5a4016eca9/Cp/mL/finanzstabilitaet-leicht-erklaeert.png&quot;,&quot;1100&quot;:&quot;/resource/image/880706/ratio16x9/1100/619/4d9c51cbad400dffe7311b5a4016eca9/Ly/mL/finanzstabilitaet-leicht-erklaeert.png&quot;,&quot;1276&quot;:&quot;/resource/image/880706/ratio16x9/1276/718/4d9c51cbad400dffe7311b5a4016eca9/gs/mL/finanzstabilitaet-leicht-erklaeert.png&quot;}}]" src="https://www.bundesbank.de/resource/image/880706/ratio16x9/200/112/4d9c51cbad400dffe7311b5a4016eca9/MS/mL/finanzstabilitaet-leicht-erklaeert.png">
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</figure><i class="fa fa-video-camera" aria-hidden="true"></i> </div>
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<div>
Why financial stability isn’t boring
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<div> <figure class="figure__sNPIS"><figcaption class="graph__header pl-2 pr-2 pt-2 pb-1 mb-1 meta__BCfWW"><h2 class="mb-2">Harmonised index of consumer prices / Germany / Unadjusted figure / Overall index /</h2><small class="d-block graph__key">Prozent</small></figcaption><div class="graph__content" style="background-color: rgb(219, 219, 219);"><div class="graph-container" style="background-color: rgb(219, 219, 219); width: 100%;"><svg id="bbk_g_line_csivqlduq7v" class="d3js-svg" width="100%" viewBox="0,0,251.65625,142"><g><g transform="translate(52.62, 35)"><g class="y-axis" transform="translate(-5, 0)" fill="none" font-size="10" font-family="sans-serif" text-anchor="end"><path class="domain" stroke="currentColor" d="M0.5,62.5V0.5"></path><g class="tick" opacity="1" transform="translate(0,62.5)"><line stroke="rgba(255, 255, 255, 1)" x2="0" stroke-width="2"></line><text fill="currentColor" x="-3" dy="0.32em">−10</text></g><g class="tick" opacity="1" 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class="cursor" transform="translate(52.62, 35)"><g><line stroke="#333" stroke-dasharray="3,5" stroke-width="0.8" stroke-opacity="0.75" x1="0" y1="0" x2="0" y2="62" style="opacity: 0;"></line></g><g><line stroke="#333" stroke-dasharray="3,5" stroke-width="0.8" stroke-opacity="0.75" x1="0" y1="0" x2="179.03625" y2="0" style="opacity: 0;"></line></g><g><circle stroke="#eee" stroke-width="2" r="6" style="fill: rgba(100, 100, 100, 0.25); opacity: 0;"></circle></g><g class="tooltip tooltip--bottom"><rect class="cursor-background" height="20" width="0" rx="3" ry="3"></rect><text dominant-baseline="central" style="text-anchor: middle;"></text></g><g class="tooltip tooltip--left"><rect class="cursor-highlight" height="24" width="0" rx="3" ry="3"></rect><rect class="cursor-background" height="20" width="0" rx="3" ry="3"></rect><text dominant-baseline="central" style="text-anchor: end;"></text></g><rect width="179.03625" height="62" style="fill: transparent; pointer-events: all;"></rect></g></g></svg></div></div><div class="graph__footer pl-2 pr-2 pb-2 pt-1 mt-1 meta__BCfWW"><small>Source: Federal Statistical Office; Eurostat</small><div class="leftRight__DYOg2"><small>© Deutsche Bundesbank</small><small>Last update: 18.09.2024</small></div></div></figure></div></div> </div>
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Current interest rates
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<div data-stat-app-teasertitle="" data-query-endpoint="https://api.statistiken.bundesbank.de" data-query-flowref="BBIN1" data-query-key="M.D0.ECB.ECBFAC.EUR.ME" data-locale="en" data-label-endpoint="/label/en/745582">3.50 % p.a.</div> </span>
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<div> <figure class="figure__sNPIS"><figcaption class="graph__header pl-2 pr-2 pt-2 pb-1 mb-1 meta__BCfWW"><h2 class="mb-2">Euro foreign exchange reference rate of the ECB / EUR 1 = USD ... / United States</h2><small class="d-block graph__key">USD</small></figcaption><div class="graph__content" style="background-color: rgb(219, 219, 219);"><div class="graph-container" style="background-color: rgb(219, 219, 219); width: 100%;"><svg id="bbk_g_line_y2hrba523qk" class="d3js-svg" width="100%" viewBox="0,0,251.65625,142"><g><g transform="translate(60.16, 35)"><g class="y-axis" transform="translate(-5, 0)" fill="none" font-size="10" font-family="sans-serif" text-anchor="end"><path class="domain" stroke="currentColor" d="M0.5,62.5V0.5"></path><g class="tick" opacity="1" transform="translate(0,62.5)"><line stroke="rgba(255, 255, 255, 1)" x2="0" stroke-width="2"></line><text fill="currentColor" x="-3" dy="0.32em">1.05</text></g><g class="tick" opacity="1" transform="translate(0,31.5)"><line 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all;"></rect></g></g></svg></div></div><div class="graph__footer pl-2 pr-2 pb-2 pt-1 mt-1 meta__BCfWW"><small>Source: European Central Bank (ECB).</small><div class="leftRight__DYOg2"><small>© Deutsche Bundesbank</small><small>Last update: 23.09.2024</small></div></div></figure></div></div> </div>
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