LBB blowout shows the magic of Pfandbriefe
Landesbank Berlin became the first issuer this year to price a benchmark covered bond through Libor when its Eu1bn three year deal came at 1bp through mid-swaps. However, despite the deal’s success and Eu3.5bn order book, there are few strong candidates to follow.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts