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KfW talks dollar five-year notes at mid-swaps plus 17 bps area
By Cristal Cody
Tupelo, Miss., July 7 – KfW (Aaa/AAA/AAA) plans to price a dollar-denominated offering of five-year global notes on Tuesday, according to a market source.
The notes are initially talked to price with a spread in the mid-swaps plus 17 basis points area.
BofA Securities, Inc., RBC Capital Markets, LLC and TD Securities (USA) LLC are the lead managers.
KfW is a government-backed bank based in Frankfurt.
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