OLB makes ‘solid start for covered bond career’
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Covered Bonds

OLB makes ‘solid start for covered bond career’


Oldenburgisch Landesbank priced its debut publicly distributed mortgage Pfandbrief on Tuesday, attracting enough demand to ensure the deal size was increased to the top end of the expected range, even as the spread was tightened. But a deterioration in market conditions was blamed for its low subscription ratio.

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