Reich Debt Administration

The organisation was founded in 1820 as the Prussian government debt administration[1] with Christian von Rother as its first president.

During the Empire, the Commission that oversaw the Reich Debt Administration consisted of six members each from the Federal Council and the Reichstag.

The Commission was also responsible for issuing, confiscating and destroying Reich banknotes from the Reichsbank.

[4] After the beginning of National Socialist rule, the right to approve loans was transferred from the Reichstag to the Reich government as part of the Enabling Act of 1933.

In July of the same year, a debt administration of the United Economic Area was established.