MünchenerHyp has again been awarded as “Best Covered Bond Issuer”

Münchener Hypothekenbank eG has defended its title as an outstanding Covered Bond issuer.

A successful benchmark funding in the last year together with trustworthy investor relations activities have built the basis for the CMDportal Awards 2016 as “Best Covered Bond Issuer”.

MünchenerHyp has completed a very successful and active funding year. The bank has issued four Mortgage Pfandbriefe in benchmark size whereof three out of four achieved the biggest discount versus midswap in the capital markets. Furthermore, MünchenerHyp has currently the biggest volume of outstanding Mortgage Pfandbriefe in Germany.

“The renewed decoration with a CMDportal Award is a wonderful recognition of our work. It approves the excellent quality of our Pfandbrief benchmarks and our permanent investor relations activities, which are both highly appreciated in the market”, said Dr. Louis Hagen, Spokesman for the Board of Management of MünchenerHyp.

The CMDportal Awards are initialised by the Capital Market Data Network (CMDportal) and the winners are determined in an international survey with more than 18,000 institutional investors, issuers and traders.