The Pfandbrief

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"The Pfandbrief and products similar to it elsewhere in Europe are now firmly entrenched in the mainstream of the international capital market, and The Pfandbrief: A European Perspective aims to be the most comprehensive guide yet to this rapidly evolving asset class. As well as assessing the historical and future importance of the German product, it is the first publication to analyse the growth of other similar instruments across a range of other European markets. The book also features chapters devoted to hedging the Pfandbrief, the activities of lenders, an analysis of investors in Pfandbriefe and the impact of EMU on this market."--Jacket