BayernLB Swissie a low-key Pfandbrief comeback

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BayernLB Swissie a low-key Pfandbrief comeback

Yesterday (Wednesday) Bayerische Landesbank printed what is believed to be the first publicly sold Pfandbrief issue since Lehman Brothers collapsed. The Sfr150m (Eu100m) three year public sector backed deal also marks a return to publicly sold foreign currency issuance for covered bonds in general.

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