DZ 15s gone in 60 minutes as investors pile into long end
Posted on 9 April 2019
Investors piled into a EUR500m no-grow 15 year DZ Hyp Pfandbrief this (Tuesday) morning, placing over EUR2.4bn of orders in the space of an hour, allowing for pricing flat to fair value, as the deal crystallized demand for long-dated assets amid the renewed low yield environment...
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