Rare LBBW twos star but not plain sailing for everyone
Posted on 13 October 2022
LBBW attracted more than €5bn of orders to a €1bn Pfandbrief with a rare two year tenor on Tuesday, as wide Bund-swap spreads boosted demand for covereds, with a BayernLB green trade also flying high, but bankers warned that issuers must continue to heed investors’ preferences...
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