Postbank proves its point, turns to future projects

21 May 2008

Deutsche Postbank priced a Eu1bn seven year mortgage backed deal this morning at the bottom end of size expectations. But while the pricing might not have excited investors, it provided some relief to other Pfandbrief issuers in the pipeline.

Leads Citigroup, Deutsche Bank and Landesbank Baden-Württemberg priced the bond ...

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