Deutsche Postbank Issues €500 Mln Tap

21 Aug 2009

Deutsche Postbank has made a €500 million ($715 million) tap issue of a German covered bond that is backed by a mix of residential mortgages and public sector assets.

-- Daniel O’Leary

Deutsche Postbank has made a €500 million ($715 million) tap issue of a German covered bond that is backed by a mix of residential mortgages and public sector assets. The tap is from a €1 billion ($1.4 billion) transaction issued last month. The class A notes ...

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