Germany
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Landesbank Berlin's Pfandbrief was not received as well -
Big borrowers urged to show leadership as dealers insist demand lies at the long-end
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Demand picture for long-dated paper still uncertain after Jackson Hole meeting
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Borrower lands short maturity deal with single digit concession
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The issuer has kept sterling investors busy with 12 deals this year
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German issuers lining up themed follow-on new issues
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A new dollar green bond in the autumn is on the cards to help the issuer meet €10bn target
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Steep rise in yields since mid-July is expected to draw in real money
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Asian investors bought more than 40% of the deal following a recent roadshow
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Covered bonds look safe, as investors’ focus turns to capital
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German issuer has raised more than €60bn in 2023, with €25bn left to come
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Issuer attracts over $11bn in demand after last issuing a similar deal in 2018
