By Andrea Heisinger
New York, June 8 - Germany's KfW sold $1.25 billion of two-year floating-rate global notes on Wednesday at par to yield one-month Libor plus 1 basis point, according to an FWP filing with the Securities and Exchange Commission.
The notes (Aaa/AAA/AAA) are non-callable.
Bookrunners were BNP Paribas Securities Corp. and Deutsche Bank Securities Inc.
The development bank is based in Frankfurt.
| Issuer: | KfW
|
| Issue: | Floating-rate global notes
|
| Amount: | $1.25 billion
|
| Maturity: | June 17, 2013
|
| Bookrunners: | BNP Paribas Securities Corp., Deutsche Bank Securities Inc.
|
| Coupon: | One-month Libor plus 1 bp
|
| Price: | Par
|
| Yield: | One-month Libor plus 1 bp
|
| Call: | Non-callable
|
| Trade date: | June 8
|
| Settlement date: | June 17
|
| Ratings: | Moody's: Aaa
|
| Standard & Poor's: AAA
|
| Fitch: AAA
|
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