Another German Bank Plans Jumbo Covered Bond

31 Aug 2011

Deutsche Pfandbriefbank is planning its first jumbo Pfandbrief of the year, for the latter half of September, just days after Eurohypo announced its third.

Deutsche Pfandbriefbank is planning its first jumbo Pfandbrief of the year, for the latter half of September, just days after Eurohypo announced its third. The two banks are the biggest issuers of the covered bond in Germany. A jumbo pfandbrief generally is at least EUR1 billion ($1.44 billion) ...

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