All material subject to strictly enforced copyright laws. © 2021 Euromoney Institutional Investor PLC group
FIGCovered Bonds

MuHyp’s cautious sterling approach pays off

BondsTime_Adobe_575x375

Muenchener Hypothekenbank took the unusual decision of stretching execution over two days for its fixed rate sterling Pfandbrief, the first to be issued this year. The measured approach paid off with the issuer managing to tighten the spread by 3bp and achieve a larger than expected size.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree