New Issue: KfW prices $50 million floating-rate notes via RBC Capital

By Angela McDaniels

Seattle, Feb. 23 - KfW priced $50 million floating-rate callable notes due March 12, 2012 via RBC Capital Markets Corp., according to a 424B3 filing with the Securities and Exchange Commission.

Interest on the notes will accrue at 7% annually for each day six-month Libor remains within the reference range, which is 0% to 6.25%, inclusive.

The notes are callable at par on any semi-annual interest payment date beginning March 12, 2008.

Issuer:	KfW
Issue:	Floating-rate callable notes
Amount:	$50 million
Maturity:	March 12, 2012
Coupon:	7% for each day six-month Libor is within the reference range; payable semi-annually
Reference range:	0% to 6.25%, inclusive
Price:	Par
Call:	Par on any interest payment date beginning March 12, 2008
Payout at maturity:	Par plus accrued interest
Pricing date:	Feb. 23
Settlement date:	March 12
Underwriter:	RBC Capital Markets Corp.
Underwriting discount:	None

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