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HVB enjoys outstanding demand, pays rare Pfandbrief premium

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By Bill Thornhill
12 May 2021

UniCredit’s German subsidiary, HVB, enjoyed a stunning investor reception for its negative yielding eight year Pfandbrief that was issued on Wednesday, thanks to the lack of supply this year, the small but rare premium on offer and the superb market conditions.

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By Bill Thornhill
12 May 2021