PFANDBRIEF issuers are set to base their latest drive into the international markets around previously established benchmarks, highlighting the rewards the German mortgage banks are reaping for the flexible manner in which they approached the new euro sector early in the year. Rheinische Hypothekenbank will today (Friday) increase its January 2005 benchmark, Hypothekenbank in Essen will soon launch the latest of its global transactions, and Allgemeine Hypothekenbank (AHB) has listed the first jumbo on the Paris stock exchange.
April 30, 1999