PropertyEU

Deutsche Pfandbriefbank places jumbo EUR 1.5bn covered bond

By A staff reporter 2009-09-08T00:00:00

Deutsche Pfandbriefbank - the core bank of the Hypo Real Estate group - placed a EUR 1.5 bn Jumbo mortgage Pfandbrief on Tuesday. The bank said that the Pfandbrief, which marks the group's first public issue for more than a year, was three times over-subscribed.

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