German banks dominate post-summer deals

By Tyler Davies
31 Aug 2017

German banks printed the only euro denominated covered bonds in the primary market this week, with Deutsche Pfandbriefbank and Berlin Hyp selling mortgage-backed deals in the belly of the curve.

Mortgage Pfandbriefe from German issuers has been flavour of the month this August, with banks pricing five new issues worth €2.75bn in the past three weeks.

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