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Deutsche Hypo places GBP benchmark Mortgage Pfandbrief for the first time

Deutsche Hypothekenbank placed a benchmark mortgage Pfandbrief in British Pound (GBP) for the first time. The issue with a volume of GBP 325 million has a term of three years. The coupon on the GBP floater is +27 basis points above the 3-month GBP-LIBOR. The issue price was 99.85%.

Deutsche Hypo has...

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