
Dresdner Funding Trust I, established as a special purpose entity, operates in New York and functions primarily to facilitate funding for its parent, Dresdner Bank, located in Frankfurt, Germany. The trust specializes in issuing structured finance instruments, enhancing the liquidity of various financial products and enabling efficient capital management for investors.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
CMZB 8.15% 2031-06-30 USDDresdner Funding Trust I | United States | 2031-06-30 | 8.151 | 5.91 |
CMZB 8.15% 2031-06-30 USDDresdner Funding Trust I | United States | 2031-06-30 | 8.151 | 5.97 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Dresdner Funding Trust I has consistently focused on the issuance of asset-backed securities, with its first major bond issuance occurring in 2004. Notably, the trust executed a substantial $1 billion bond offering in 2010 linked to mortgage-backed securities, which has become a benchmark for similar issuances within the industry. As of October 2023, the current yields on their bonds remain competitive, reflecting market dynamics and investor demand, while certain bonds also feature call options allowing for early redemption, adding flexibility for investors amidst varying economic conditions.