Because of ECB interest rate policy: Bundesbank reports loss for the first time since 1979

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Germany’s Bundesbank reports first loss since 1979

As of the end of 2024, Bundesbank’s total gold and currency reserves stood at approximately €267 billion.

ga.de

Zeit Online

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Zeit Online

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In 2023, the Bundesbank just shrunk by a loss. However, the costs of the interest rate turnaround consumed the reserves. Now the balance sheet is deep red, further years of loss are likely.

n-tv.de

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In 2023 the Bundesbank escaped a loss with Ach and Krach. However, the charges of the interest rate turnaround almost consumed the provisions. Now the central bank in Frankfurt am Main records for the first time since 1979 a minus. Further loss years are likely.

Tagesschau

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The German Bundesbank has lost again for the first time in decades. The distribution to the federal budget is therefore cancelled. Background is rising key interest rates of the ECB.[more]]>

Frankfurter Allgemeine

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The Deutsche Bundesbank recorded a deficit of 19.2 billion euros for 2024, which is the highest loss in the history of the Deutsche Bundesbank.

Sueddeutsche Zeitung

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The charges of the interest rate turnaround have almost consumed the provisions. Further years of loss are likely. For the federal budget this means nothing good.