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Current challenges in the euro area. A view from Germany Speech at Columbia University, New York
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Is CBDC the money of the future? Keynote at the Central Bank Payments Conference
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Revision policy for the balance of payments and the international investment position (i.i.p.)
22 KB, PDF
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A gravity equation of bank loans Bettina Brüggemann, Jörn Kleinert, Esteban Prieto
434 KB, PDF
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PSPP Auctions
Pursuant to Eurosystem rules, auctions may be used alongside bilateral transactions as a supplementary procedure for specific market segments under the public sector purchase programme (PSPP). Within this framework, the Bundesbank conducts one multi-ISIN auction covering up to 10 securities on the second and fourth Thursday of every month. Advance notice for the auctions is issued on the Friday prior to the relevant auction.
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Heterogeneous households, firms and financial intermediaries: New theory and evidence Prgramme
181 KB, PDF