The vdp Pfandbrief curves provided an overview of the Pfandbrief banks’ funding conditions for loans and loan tranches which are eligible as cover for Pfandbriefe every trading day from 1 April 2003 to 31 March 2014.
Technically speaking, the vdp Pfandbrief curves were interest rate curves. The Pfandbrief curves reflected the vdp member institutions’ average funding levels for maturities from 1 to 15 years .
Disclaimer The vdp and the banks which participate in the compilation of the the vdp curve (Mortgage Pfandbrief), vdp curve (Public Pfandbrief) as well as the vdp Pfandbrief curve (old) – referred to in the following as “vdp curves” – assume no guarantee, warranty or liability, regardless of the legal reason, with regard to the correctness, accuracy, topicality, completeness, appropriateness or the suitability for a certain purpose of any vdp curves published on the vdp’s internet pages. The vdp and the banks which participate in the vdp curves bear no responsibility for any actions or omissions whatsoever that may result from the use of or reference to the vdp curves. The vdp and the banks which participate in the vdp curves preclude all liability for any damage or loss resulting from the use of or from reference to the vdp curves. The vdp curves are intended for informational purposes only. They do not constitute any recommendation to purchase or to sell, nor are they to be construed as an assurance that any developments or forecasts will be realized. In particular the vdp-curves are not intended to be used as a reference for financial products nor for pricing packed retail investment products. The vdp reserves the right to modify, limit or discontinue the vdp curves at any time or to turn it into a service against reimbursement.