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Balance of German Federal Bank Target2 payments from 1999 to 2014
(in billion euros)
Balance of German Federal Bank Target2 payments 1999-2014
The statistic shows the development of Target2 balance at the German Federal Bank (Deutsche Bundesbank) from 1999 to 2014. TARGET2 (Trans-European Automated Real-time Gross Settlement Express Transfer System) enables processing of large transactions executed in euro among banks in the European Union. A positive TARGET2 balance means that European Central Bank owes a given sum of money to German Federal Bank. A negative balance signifies that German Federal Bank has liabilities towards European Central Bank. The TARGET2 balance of German Federal Bank amounted to approximately 460.85 billion euros in 2014.
Balance of German Federal Bank Target2 payments from 1999 to 2014
(in billion euros)
Balance in billion euros
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Balance of German Federal Bank Target2 payments 1999-2014
The statistic shows the development of Target2 balance at the German Federal Bank (Deutsche Bundesbank) from 1999 to 2014. TARGET2 (Trans-European Automated Real-time Gross Settlement Express Transfer System) enables processing of large transactions executed in euro among banks in the European Union. A positive TARGET2 balance means that European Central Bank owes a given sum of money to German Federal Bank. A negative balance signifies that German Federal Bank has liabilities towards European Central Bank. The TARGET2 balance of German Federal Bank amounted to approximately 460.85 billion euros in 2014.
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