BayernLB and Aareal launch into strong covered mart

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BayernLB and Aareal launch into strong covered mart

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Bayerische Landesbank (BayernLB) and Aareal Bank found strong demand for their Pfandbrief this week. Despite pricing tightly to mid-swaps the deals offered a generous pick-up to Bunds, which ensured broad based interest.

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