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Pfandbrief spreads fundamentally supported?

Since the ECB's successive exit from the reinvestment of maturing securities, a partial repricing has begun in the covered bond market.

To what extent do you also see effects in Germany?

37 Participants

  • 30

    Pfandbrief spreads are fundamentally supported at their current levels.

  • 41

    Pfandbrief spreads will remain mostly stable and at most widen moderately.

  • 30

    Repricing on the primary and secondary markets is also required for Pfandbriefe.