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FIGCovered Bonds

WL grasps ‘best issuance window since Lehman’

Westfälische Landschaft Bodenkreditbank yesterday (Wednesday) seized on a favourable issuance window to make one of its rare appearances on the jumbo covered bond market. The issuer was rewarded with what appears to be the biggest order book for a Pfandbrief benchmark so far this year in spite of punchy pricing.

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