Recherche Générale
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Auction result - Treasury discount paper (Unverzinsliche Schatzanweisungen “Bubills”) of the Federal Republic of Germany
199 KB, PDF
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Invitation to bid for 6-months Bills of the European Stability Mechanism (ESM)
137 KB, PDF
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Invitation to bid - Reopening of two Green Federal bonds
206 KB, PDF
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Infographics
We provide teachers with selected infographics from the student book "Geld und Geldpolitik" (Money and Monetary Policy) for download. These can easily be inserted into teaching materials designed by the teacher.
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MiCAR – Markets in Crypto-Assets Regulation Services and activities in connection with crypto-assets in accordance with MiCAR
29.06.2023 DE
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Other documents
Alongside the functional documents, there is also information that does not directly relate to the functioning of TIPS. This includes, for instance, the TARGET Services pricing guide.
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Firms’ Assessments
14.08.2024 DE
Between the first and second quarters of 2024, there was for the most part no change in how firms’ key business indicators developed over the past 12 months. Amongst other things, 32% of firms reported a decrease in short-term liquidity in the second quarter, while 20% reported an increase. The gap between these two figures thus widened by just over 1 percentage point compared with the previous quarter, though the change was small by historical standards.
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Announcement of auction – 6-months Bills of the European Stability Mechanism (ESM)
136 KB, PDF
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Invitation to bid Treasury discount paper (Unverzinsliche Schatzanweisungen – “Bubills”) of the Federal Republic of Germany
156 KB, PDF
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Firms’ Expectations
14.08.2024 DE
In the second quarter of 2024, there was only a slight quarter-on-quarter change in firms’ expectations over the next 12 months. Expected short-term liquidity, amongst other things, improved slightly on the first quarter. The second quarter saw 28% of firms expect liquidity to decrease over the next 12 months, while 17% expected liquidity to increase. The gap between these two groups thus narrowed by just under 5 percentage points compared with the first quarter of 2024.