New Issue: KfW prices $6 billion of 0.875% two-year global notes at 99.767

By Aleesia Forni

New York, April 6 – KfW priced $6 billion of 0.875% two-year notes (Aaa/AAA/AAA) at 99.767 on Wednesday, according to an FWP filed with the Securities and Exchange Commission.

Bookrunners were BNP Paribas Securities Corp., Citigroup Global Markets Inc. and Nomura.

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

Issuer:	KfW
Guarantor:	Federal Republic of Germany
Amount:	$6 billion
Description:	Global notes
Maturity:	April 19, 2018
Bookrunners:	BNP Paribas Securities Corp., Citigroup Global Markets Inc., Nomura
Coupon:	0.875%
Price:	99.767
Trade date:	April 6
Settlement date:	April 13
Ratings:	Moody’s: Aaa
	Standard & Poor’s: AAA
	Fitch: AAA
Distribution:	SEC registered

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