Deutsche Hypo's Pfandbrief shows covered bonds are more in balance
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Deutsche Hypo's Pfandbrief shows covered bonds are more in balance

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Deutsche Hypo was unable to tighten pricing as much as it had hoped for a seven year Pfandbrief it issued on Tuesday. Demand was sufficient to cover the deal, excluding the European Central Bank's order, but only just enough, giving investors more power to resist spread cuts.

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