The three pillars of our refinancing
Our issuing activities are as varied as our clients. We issue various different securities to obtain long-term, stable refinancing on the capital markets. In doing so, we focus on three pillars:
- issuing for private clients
- issuing for domestic, institutional investors
- issuing for international investors under the EMTN program
Our international and domestic issues can take the form of covered bond issues (Pfandbriefe), uncovered or subordinated issues. We use the EMTN program for issues in various international currencies in addition to the euro.