New German fan for Provide

28 Nov 2003

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Deutsche Postbank, one of Europe's largest retail banks, marked its debut securitisation on Thursday with the tightest spreads achieved by German RMBS from KfW's synthetic Provide structure this year.

Provide Domicile 2003-1 was lead managed by Deutsche Bank.

"As a first time issuer we wanted a to use a well recognised structure — that ...

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