Pbb pays up for Pfandbrief return
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Covered Bonds

Pbb pays up for Pfandbrief return

Deutsche Pfandbriefbank (pbb) returned to the covered bond market on Wednesday with its first benchmark since January 2010. The €500m five year trade is the second of three Pfandbriefe launched in the last two days and offered one of the highest spreads for German paper this year.

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