The Pfandbrief roundtable
Government guaranteed issuance, illiquidity, and potential downgrades – in spite of these challenges, the Pfandbrief market has proven resilient in 2009. In this roundtable, produced in co-operation with the Association of German Pfandbrief Banks, leading market participants tackle these issues and discuss the impact of the European Central Bank’s Eu60bn purchase programme and the amendment to the Pfandbrief Act.
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