Pfandbrief pick-up over Bunds
Aareal Bank opened the covered bond market Jan 5 with a 2028 Mortgage Pfandbrief benchmark deal at m/s +1 corresponding to +31bps over Bunds.
Given prevailing market conditions such pick-up of Pfandbrief over Bunds...
27 Participants
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52
is fair
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22
too high
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26
too low