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	<title>Comments on: SoFFin II Pfandbrief backing could disrupt 2012 reopening</title>
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		<title>By: Eusebio Garre</title>
		<link>https://news.coveredbondreport.com/2011/12/soffin-ii-pfandbrief-backing-could-disrupt-new-year-reopening/#comment-49</link>
		<dc:creator>Eusebio Garre</dc:creator>
		<pubDate>Tue, 20 Dec 2011 12:29:21 +0000</pubDate>
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		<description>I can&#039;t believe this is happening: why should Pfandbriefe as the gold standard of covered bonds ever need a government guarantee? The only point is to lower the Soffin-Fees for the guarantee or to use collateral which is not pfandbrief eligible anyway. It will be interesting to see how the stuff prices.</description>
		<content:encoded><![CDATA[<p>I can&#8217;t believe this is happening: why should Pfandbriefe as the gold standard of covered bonds ever need a government guarantee? The only point is to lower the Soffin-Fees for the guarantee or to use collateral which is not pfandbrief eligible anyway. It will be interesting to see how the stuff prices.</p>
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