German Finance Agency

Legal basis is the Federal Government Debt Management Act (Bundesschuldenwesengesetz) that constitutes a special public control and supervision by the Federal Ministry of Finance which in addition itself regularly reports on debt management issues to budget experts from the German Bundestag.

[5][6] The company was formed by the Federal Republic of Germany on 19 September 2000, by amendment to the statutes of 29 August 1990,[1] from the Berlin-based CVU Systemhaus Abwicklungsgesellschaft mbH [7][8] and is headquartered in Frankfurt am Main.

From July 1, 2008, the Finance Agency distributed the new developed Federal day bond (Tagesanleihe) for private investors.

[15] In 2020, Finance Agency issued the first green Federal bond with a multi-billion euro size and with the same maturity and coupon as conventional securities.

[16][17] Under the so-called twin bond concept,[18] a steadily increasing volume has been issued each year until 2024, matched by green expenditures in the federal budget.

Furthermore, it aims to maintain and expand the Federal government's benchmark position as sovereign bond issuer in the euro area.