KfW talks benchmark three-year notes at mid-swaps plus 19 bps area

By Aleesia Forni

Virginia Beach, Oct. 19 – KfW (Aaa/AAA) set price talk on Monday for a benchmark offering of three-year global notes in the area of mid-swaps plus 19 basis points, according to a market source.

The bookrunners are BofA Merrill Lynch, BNP Paribas Securities Corp. and Goldman Sachs & Co.

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

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