Third PSD bank taking up Pfandbriefe, joint issuance mulled
Posted on 20 April 2017
PSD Bank Nord is set to become the third member of Germanyâ€™s PSD group of cooperative banks to take up Pfandbriefe, with plans to issue covered bonds by the end of 2018, and could do so in conjunction with other members of the group, of which PSD Bank Rhein-Ruhr also plans to step up issuance...
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