Pfandbriefe bounce back with BHH jumbo
Berlin-Hannoversche Hypothekenbank (BHH) has priced the first Pfandbrief since Düsseldorfer Hypothekenbank (DHB) had to be transferred to the Association of German Banks’ (BdB) guarantee fund on Monday of last week. As such the deal was a vote of confidence in Germany’s product, but pricing issues still remain.
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