EEPK sells first 'covered bond squared'
Erste Europäische Pfandbrief-und Kommunalkreditbank of Luxembourg launched the first issue of lettres de gage hypothécaires this week, a Eu100m floating rate note.
However, rather than being directly backed by mortgage loans, the deal is backed by mortgage-backed covered bonds that are UCITS eligible. This is the first time
...
Already a subscriber? Login