Foreign banks eye Pfandbrief funding option

Several foreign banks are investigating the possibility of issuing Pfandbriefe, which have become more attractive through a funding advantage that they have gained over the past several years, Jens Tolckmitt, chief executive of the Association of German Pfandbrief Banks, told The Cover, EuroWeek’s sister publication.

  • 20 Aug 2010

Foreign banks have previously shown interest in the Pfandbrief as a funding instrument, but this has become more focussed and concrete, said Tolckmitt.

"The heightened interest in issuing Pfandbriefe since the crisis — from foreign and domestic banks — has to do with the comparatively tighter pricing that the ...

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