Pfandbriefe

Pfandbriefe are issued to refinance mortgage loans and public-sector loans. MünchenerHyp issues secured obligations in both categories of Pfandbriefe:

• Mortgage Pfandbriefe
• Public  Pfandbriefe

We issue Pfandbriefe to our clients as private placements, structured bonds, or as fixed or variable interest rate securities. Naturally, the maturities of private placements depend on our investors’ requirements.

All of MünchenerHyp’s Pfandbriefe are covered to the extent of their nominal value, and in line with their present value, by appropriate cover pools. The legal requirements contained in the Pfandbrief Act represent the minimum requirements for us.

Both our Mortgage Pfandbriefe and our Public Pfandbriefe have received Moody’s top Aaa rating.

Jumbo Pfandbriefe

Our Jumbo Pfandbriefe are worth special attention. They are known for being highly liquid and having a minimum volume of at least 1 billion euros per issue. We try to issue one to two Jumbo Pfandbriefe every year to provide our investors with a highly liquid security and to complete the curve of the liquid MünchenerHyp bonds.