KfW backing sets up Postbank for debut public Pfandbriefe

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KfW backing sets up Postbank for debut public Pfandbriefe

Issue: 1111 - 3 July 2009

Deutsche Postbank is planning a debut public sector covered bond transaction that will be half-backed by mortgages guaranteed by KfW, an arrangement that promises to extend the amount of collateral that can be viably used as cover for German Pfandbriefe. ..

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