Liquidity paper

Liquidity papers are claims that the Deutsche Bundesbank used for open market policy.

If the mobilization papers have been put into circulation by the Deutsche Bundesbank up to the nominal amount of the equalization claim of DM 8.1 billion , the federal government has, on request (the Deutsche Bundesbank), treasury bills or non-interest-bearing treasury notes (= U-treasures) in one denomination and configuration to be handed over at their choice up to a maximum amount of 8 billion DM.