KfW talks dollar 10-year global notes at mid-swaps plus 23 bps area

By Cristal Cody

Tupelo, Miss., Jan. 23 – KfW (Aaa/AAA/AAA) plans to price an offering of long 10-year global notes on Wednesday, according to a market source.

The notes due April 3, 2028 were initially talked to price with a spread in the mid-swaps plus 23 basis points area.

BofA Merrill Lynch, J.P. Morgan Securities LLC and TD Securities (USA) LLC are the lead managers.

KfW is a government-backed bank based in Frankfurt.

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