BayernLB and Aareal launch into strong covered mart
![Germany_euro_coin_FIG_Adobe_230x150](https://assets.euromoneydigital.com/dims4/default/a7ce670/2147483647/strip/true/crop/230x150+0+0/resize/840x548!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F16%2F1b%2F45c2107a47d6b695d033967ff33b%2Fgermany-euro-coin-fig-adobe-230x150.jpeg)
Bayerische Landesbank (BayernLB) and Aareal Bank found strong demand for their Pfandbrief this week. Despite pricing tightly to mid-swaps the deals offered a generous pick-up to Bunds, which ensured broad based interest.
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