Stadshypo and BayernLB show sterling’s strength

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Stadshypo and BayernLB show sterling’s strength

Stadshypotek issued its first ever sterling covered bond this week and was followed soon after by Bayerische Landesbank. Apart from diversifying their investor base, both issuers also got exceptionally cheap funding, sending a positive signal to other foreign issuers who are looking for a cheap source of diversified funding.

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