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Pbb issues mortgage Pfandbrief in US dollars

Pbb Deutsche Pfandbriefbank this week issued a USD denominated Mortgage Pfandbrief, with a total volume placed of USD 600 million. The Mortgage Pfandbrief has a term of 3 years and an annual coupon of 2.25 %. Pbb pays a premium of 55 basis points above the current reference swaps rate.…

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