BHH shows there’s life after Düsshyp

The books were this (Monday) morning opened on a Eu1bn two year public sector Pfandbrief for Berlin-Hannoversche Hypothekenbank, with the solid German investor base and short maturity helping the issuer to steal a march in a week that will be interrupted by public holidays. It is also the first new issue from Germany since Düsseldorfer Hypothekenbank (DHB) had to be transferred to the Association of German Banks (BdB) guarantee fund on Monday of last week.