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vdp curve (Mortgage Pfandbrief) |
Market transparency: The vdp curve (Mortgage Pfandbrief) offers an overview of the Pfandbrief banks' refinancing conditions in the capital market for real estate loans which are eligible as Pfandbrief cover. It reflects the average funding levels of vdp member institutions for maturities from 1 to 15 years.
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Brief description of the vdp curve (Mortgage Pfandbrief)
The German Pfandbrief banks use the vdp curve (Mortgage Pfandbrief) to offer their real estate customers additional transparency with regard to their mortgage loan terms. The daily fixing of the vdp Pfandbrief curve gives mortgagors an overview of the Pfandbrief banks' refinancing conditions on the capital market for mortgage loans eligible as Pfandbrief cover. Commercial customers especially benefit from this service, because it helps give them a better understanding of the interest rates that are individually agreed upon between them and their respective bank.
