Deutsche Pfandbriefbank tests sterling appetite

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Deutsche Pfandbriefbank tests sterling appetite

Deutsche Pfandbriefbank has mandated Barclays and UBS to conduct investor meetings in the UK to see if there would be enough demand for a sterling denominated covered bond. Despite surprise and scepticism that the borrower would be able to pull it off, the roadshow should at least help broaden its investor base.

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