PBB’s guaranteed coupon Sonia first attracts huge book

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PBB’s guaranteed coupon Sonia first attracts huge book

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Bence - stock.adobe.com

Deutsche Pfandbriefbank attracted more demand for its first Sonia-linked Pfandbrief on Thursday than it has for any covered bond it has ever issued. It was the first public deal from a financial institution with a guaranteed high coupon.

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