During the 1923 Weimar Republic hyperinflation, newly-destitute Germans burned their life savings to keep warm or carted wheelbarrows of cash to stores to buy bread and milk. This wipe-out ... Read More
On 7 October, the Deutsche Bundesbank published a list detailing its holdings of gold bars in custodian storage in Frankfurt am Main, London, Paris and New York. The list contains ... Read More
The Deutsche Bundesbank calculates the basic rate of interest pursuant to section 247 (1) of the German Civil Code (Bürgerliches Gesetzbuch) and publishes its current level in the Federal Gazette (Bundesanzeiger) ... Read More
According to provisional calculations, general government debt in Germany as defined in the Maastricht Treaty amounted to approximately €2.168 trillion at the end of 2014. The debt level thus increased ... Read More
The Deutsche Bundesbank posted a profit of €2.95 billion for the 2014 financial year, compared with €4.59 billion in 2013. The profit was transferred in full today to the Federal Government ... Read More
“The risk of exaggerations increases” Mr Weidmann, the ECB was originally modelled on the Bundesbank. Was this tradition laid to rest on Thursday? I wouldn’t make this out to be ... Read More
The German Bank, Deutsche Bundesbank, has announced the reopening of 10-year Federal bonds with an invitation to bid by auction. For the account of the Federal Government, the German ... Read More
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