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.
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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