‘Fire and fury’ comments improve Pfandbriefe value
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Covered Bonds

‘Fire and fury’ comments improve Pfandbriefe value

Safety 230x150

Covered bond spreads were marginally cheaper to Bunds across the board on Friday after a flight to safety caused German government bonds to rally. The move should bode well for the many issuers that will need to refinance maturing Pfandbriefe in the next few weeks.

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