PBB hits LCR target with $600m Pfandbrief

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PBB hits LCR target with $600m Pfandbrief

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Riko Best - stock.adobe.com

A Deutsche Pfandbriefbank three year Reg S dollar benchmark may have been meagrely oversubscribed on Tuesday but, at $600m, it was just large enough to make it over the size threshold required to meet the top liquidity coverage ratio category — to the benefit of certain investors.

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