The money network:

The money network:

Why crowdfunding threatens traditional bank lending

The truth about Asian investment banking

June 2005

Covered Bonds: Pfandbrief keeps new issue levels buoyant


Looming implementation of the EU Prospectus Directive is adding momentum


As the jumbo Pfandbrief celebrated its 10th birthday, a healthy June deal pipeline promised to help keep FIG issuance bubbling and support overall primary market volumes.

Bankers predict around €20 billion of covered bond issuance this month, with smaller, illiquid deals adding €3 billion to the total. Nearly half of that supply will come from Germany.

At the time of writing, Bayerische Hypo-und Vereinsbank (HVB)...


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