New Issue: KfW prices $250 million in 5% callable notes due 2009

By Sheri Kasprzak

New York, Oct. 5 - KfW priced $250 million in 5% callable notes due October 2009.

The two-year notes were sold through bookrunner Greenwich Capital Markets, Inc.

The Aaa/AAA/AAA rated notes are redeemable at par on April 10, 2008.

Frankfurt, Germany-based KfW is a development bank operated by the government.

Issuer:	KfW
Issue:	Callable notes
Amount:	$250 million
Maturity:	Oct. 9, 2009
Coupon:	5%
Price:	Par
Bookrunner:	Greenwich Capital Markets, Inc.
Ratings:	Moody's: Aaa
	S&P: AAA
	Fitch: AAA
Call:	Redeemable at par on April 10, 2008
Trade date:	Oct. 5
Settlement date:	Oct. 10

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