Germany's KFW plans 5-yr euro benmark bond -IFR
LONDON |
LONDON Feb 16 (Reuters) - German state development bank [KFW.UL] plans a five-year euro benchmark bond, IFR reported on Monday.
Citigroup, Deutsche Bank and UBS have been appointed to manage the issue, said IFR Markets, a Thomson Reuters online news and market analysis service.
The issue will be launched in the near future, subject to market conditions, IFR said.
KFW unveiled plans earlier on Monday for a five-year sterling bond issue of around 300 million pounds ($428.9 million).
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