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Published on 5/20/2014 in the Prospect News Investment Grade Daily.

KfW launches $5 billion of two-year notes at mid-swaps minus 3 bps

By Aleesia Forni

Virginia Beach, May 20 - KfW launched a $5 billion offering of two-year notes on Tuesday at mid-swaps minus 3 basis points, according to an informed source.

BNP Paribas Securities, Credit Suisse Securities and RBC Capital Markets LLC are the joint bookrunners.

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


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