BayernLB sells four times subscribed short dated Pfandbrief
![ARCHIV - Die Zentrale der Bayern LB in Muenchen, aufgenommen am 1. Dezember 2008. Die von Milliardenverlusten gebeutelte BayernLB will die staatlichen Beihilfen zurueckzahlen, wenn sie die Gewinnzone erreicht. Das kuendigte der neue Chef Gerd Haeusler in](https://assets.euromoneydigital.com/dims4/default/be29ed5/2147483647/strip/true/crop/3779x2058+0+0/resize/840x457!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F46%2F8f%2Fb48d3df64a7bbaa6cf8ab9a78b6a%2F2ndgabe.jpg)
◆ Strong final outcome gives hope to others ◆ Core issuers aim for investors' 'sweet spot'◆ Bookbuilding shows buyers having the 'upper hand'
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