Deutsche Bank Suggests Joint Municipal Bonds, Handelsblatt Says
Deutsche Bank AG (DBK) is suggesting that German municipal governments issue joint debt, Handelsblatt reported, citing a study by Germany’s biggest lender.
While banks provide 95 percent of the financing for German cities and towns, Deutsche Bank says creating a municipal financing agency offers an alternative as new rules make lending less attractive for banks, the Dusseldorf-based newspaper said in an article e-mailed before publication.
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