ECB seen helping late ‘average’ deals after Commerz long nines
Posted on 2 December 2019
Commerzbank attracted over €625m of demand to a €500m no-grow long nine year mortgage Pfandbrief today, suggesting “average” core CBPP3-eligible deals could get despite investors increasingly shutting up shop ahead of the holidays after the busiest November in four years...
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Issuer factors, not demand, limiting activity amid holidays
