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Pfandbrief Spreads until mid year 2025

Pfandbrief spreads have widened since the late summer of 2024. At the start of 2025, benchmark transactions were several times oversubscribed and secondary market levels stable after a break of more than 70 days on the primary market. Is the spread widening in the Pfandbrief market complete by now? You can vote until Friday, 31 January.

Looking 6 months ahead

31 Participants

  • 19

    Pfandbrief spreads will continue to widen.

  • 39

    Pfandbrief spreads will maintain the level reached.

  • 42

    Pfandbrief spreads will tend to narrow.