VDP sets green Pfandbrief standards

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By Bill Thornhill
23 Aug 2019

The Association of German Pfandbrief Banks (VDP) has introduced minimum standards for issuing green Pfandbriefe, a development that should help seal Germany’s position as a leading jurisdiction for green covered bond issuance.

The new minimum green standards are designed to give a “boost to this still young market segment”, said Jens Tolckmitt, chief executive officer of the VDP, in a press release published on Thursday. 

The new standards will provide a useful guidance for Pfandbrief banks and reassure investors that ...

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