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Published on 10/9/2007 in the Prospect News Investment Grade Daily.

New Issue: KfW prices $250 million 5% two-year notes at par

By Andrea Heisinger

Omaha, Oct. 9 - KfW priced $250 million of 5% two-year callable notes (Aaa/AAA) at par on Tuesday, according to a Securities and Exchange Commission filing.

Lehman Brothers Inc. was the bookrunner.

The German development bank is based in Frankfurt.

Issuer:KfW
Issue:Callable notes
Amount:$250 million
Maturity:Oct. 15, 2009
Bookrunner:Lehman Brothers Inc.
Coupon:5%
Price:Par
Yield:5%
Trade date:Oct. 9
Settlement date:Oct. 15
Ratings:Moody's: Aaa
Standard & Poor's: AAA

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