Bundesbank May 2026

The Bundesbank's overarching mission is to safeguard the stability of the currency. Its primary tasks include:

: It ensures a steady supply of high-quality euro banknotes and coins in Germany, replacing damaged currency and removing counterfeits from circulation. bundesbank

: While the European Central Bank (ECB) sets policy for the entire euro area, the Bundesbank implements these decisions within Germany. The Bundesbank's overarching mission is to safeguard the

: It acts as the "house bank" for the German federal government, managing foreign reserves and advising on monetary policy issues. Institutional Governance Deutsche Bundesbank: Homepage : It acts as the "house bank" for

: As part of the Single Supervisory Mechanism (SSM) , it supervises German credit institutions to maintain the integrity of the banking sector.

: The bank operates and monitors settlement and clearing systems, such as TARGET Services, to facilitate smooth electronic payments.