Registered covered bonds the Namen of the game
CIF Euromortgage has today (Thursday) begun roadshowing a new registered covered bond programme with arranger Landesbank Baden-Württemberg, joining the growing ranks of international issuers keen to take advantage of a market that German issuers have long tapped through Namenspfandbriefe, which account for around one-third of Pfandbrief supply. The sector was also recently joined by a first cédulas issuer.
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