Berlin Hyp's juicy Pfandbrief benefits from steep curve

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Berlin Hyp's juicy Pfandbrief benefits from steep curve

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Orange juice being poured in a glass with splash. | Hans Geel/hansgeel - stock.adobe.com

Berlin Hyp took advantage of its flat covered bond credit curve and the steepness of the interest rate curve to issue a high yielding 12 year mortgage Pfandbrief on Tuesday, in a larger than usual size.

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