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FIGCovered Bonds

HVB fights FIG, SSA supply while PBB digs deep for dollars

UniCredit Building 230x150

UniCredit subsidiary, HVB, issued a tightly priced euro Pfandbrief at the long end of the curve on Tuesday, while Deutsche Pfandbriefbank (Pbb) issued at the short end in dollars but paid up for the privilege compared to what it would have cost in euros.

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