Germany other non-reserve foreign currency assets
Germany other non-reserve foreign currency assets stood at 0 EUR million in Sep 2026, according to Deutsche Bundesbank. It is one of the indicators in the Bundesbank external position and reserves table (Value · Monthly), with a complete series running from Dec 2007 to Sep 2026. The complete series with an interactive chart, free to download.
This indicator in the Bundesbank external position and reserves table
| Indicator | 09-2026 | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserve template (foreign currency liquidity) | |||||||||||
| (mthly.), Other foreign currency assets (securities, deposits, loans, financial derivatives and gold not included in reserve assets) | 0 | 0 | 0 | 965 | 0 | 0 | 652 | 0 | 0 | 851 | |
| (mthly.), Other foreign currency assets (securities, deposits, loans, financial derivatives and gold not included in reserve assets), currency and deposits | 0 | 0 | 0 | 965 | 0 | 0 | 652 | 0 | 0 | 851 |
Understanding germany other non-reserve foreign currency assets
Holdings denominated in foreign exchange that fail to meet the strict liquidity and availability criteria required for official reserve assets. This broad residual classification scoops up securities, deposits, loans, financial derivatives, and specific gold holdings that the Bundesbank owns but cannot rapidly mobilize to intervene in currency markets. It acts as the counterpart to the primary reserve position, capturing the less liquid or encumbered portion of the external portfolio that is nonetheless exposed to foreign currency risk.
Interpreting the size of this secondary portfolio requires understanding the specific administrative rules governing official reserves. Period-on-period volatility often results from reclassifications rather than outright purchases or sales, as assets frequently transition between official reserves and this category depending on their immediate marketability. Year-on-year comparisons help track the broader structural accumulation of less liquid external claims. Users must exercise caution when adding this figure to official reserves to calculate total external exposure, as the underlying valuation methods for the derivatives embedded here can differ significantly from the straightforward mark-to-market pricing of highly liquid sovereign bonds.
Frequently asked questions
- Why are these items excluded from the official reserve asset total?
- They do not satisfy the stringent requirements for immediate availability and high liquidity necessary for standard official reserves.
- Are domestic currency assets part of this classification?
- The category is strictly limited to instruments denominated in foreign currencies.
- What drives sudden shifts between this metric and official reserves?
- Changes in market conditions or regulatory guidelines can alter the liquidity profile of an asset, prompting its reclassification from one category to the other.