Deutsche Bank Spain issues first €1bn Cédulas, €3bn to go

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Deutsche Bank Spain issues first €1bn Cédulas, €3bn to go

Deutsche Bank’s subsidiary in Spain successfully issued its first publicly syndicated Cédulas Hipotecarias on Tuesday. The €1bn five year, which attracted a comfortably oversubscribed book, sets a strong foundation for further benchmark supply expected over the next two years.

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