Structured MTNs:
Bunny bond bounces back for 'double or nothing'

Pfandbriefstelle sold a bunny bond that can either be called or doubled in size, [..] EUR 50 m trade.

Double or Nothing with Pfandbriefstelle’s bunny.

Pfandbriefstelle der österreichische Landes-Hypothekenbanken sold a ‘double or nothing’ bunny bond which allows the issuer to call the trade or double its size.

The EUR 50m 12-year 9-month trade pays 3.26% for the first 2.5-years, if the issuer does not call the bond, the coupon steps-up to 5% and the trade size increase to EUR100m. [..]