NordLB shows price leadership with 10 year Pfandbrief
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Covered Bonds

NordLB shows price leadership with 10 year Pfandbrief

NordLB

NordLB issued a €750m public sector covered bond on Monday which, like the previous German 10 year from Commerzbank, was only just subscribed. The tight initial spread discouraged order inflation and stimulated high quality orders, allowing the borrower to issue more than was initially planned.

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