Encouraging start to 2021 as Aareal achieves tight pricing
Posted on 5 January 2021
Aareal Bank issued the first benchmark covered bond of 2021 today, a €500m no-grow seven year mortgage Pfandbrief, and its €1bn-plus book and pricing flat to slightly inside fair value was seen by syndicate bankers as a “decent start” to the year that could encourage other issuers...
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