BHH takes EUR500m at negative yields with 2021 tap, rare 2s
Posted on 22 January 2018
Berlin Hyp tapped by EUR250m a negative yielding EUR500m 2021 Pfandbrief today, building a EUR480m book even while pricing inside the outstanding bond. Following a rare EUR250m two year deal, the German bank has now taken out EUR500m of short end funding at negative yields within a week...
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