New Issue: KfW sells $1 billion two-year floaters at one-month Libor plus 6 bps

By Andrea Heisinger

New York, July 2 - KfW sold $1 billion of floating-rate global notes (Aaa/AAA/AAA) during Tuesday's session at par to yield one-month Libor plus 6 basis points, according to an FWP filing with the Securities and Exchange Commission.

BNP Paribas Securities Corp., Deutsche Bank Securities Inc. and Goldman Sachs International were the bookrunners.

The German government-owned development bank is based in Frankfurt.

Issuer:	KfW
Issue:	Floating-rate global notes
Amount:	$1 billion
Maturity:	July 9, 2015
Bookrunners:	BNP Paribas Securities Corp., Deutsche Bank Securities Inc., Goldman Sachs International
Coupon:	One-month Libor plus 6 bps
Price:	Par
Yield:	One-month Libor plus 6 bps
Trade date:	July 2
Settlement date:	July 9
Ratings:	Moody's: Aaa
	Standard & Poor's: AAA
	Fitch: AAA

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