SEB takes to pot, no Düsshyp hangover
SEB priced its Eu1bn five year public sector Pfandbrief yesterday (Wednesday) afternoon ahead of today’s continental European holidays. The deal maintained the Pfandbrief market’s “business as usual” attitude after the rescue of Düsseldorfer Hypothekenbank, although the issuer did move away from the retention system used in its last jumbo.
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