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Germany’s Cash Cushion Is Down by €135bn in Just 3 Months

  • German government deposits with Bundesbank decreased by another €24.1 bn (-17.20%, Δ 1 week) to a total of €116.0 bn.
  • This is the lowest level in over 2 years (since 08.05.2020).
  • Since its seasonal high of €251bn mid-June Germany’s cash position has more than halved or declined by €135bn.

Stay tuned on Germany’s cash development in real-time HERE.