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Berlin Hyp opens Pfandbrief market in 2023 with ESG dual tranche

Berlin Hyp issued its first dual tranche of € 500 million each on Tuesday morning. Both Pfandbriefe were structured as ESG bonds. The long three-year Social Pfandbrief maturing in May 2026 and the ten-year Green Pfandbrief maturing in January 2033 each carry an interest coupon of 3%. The Pfandbriefe are…

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