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KfW mandates Deutsche to lead A$ 2012 bond increase

Sun Jan 13, 2008 5:35pm EST
 
 (For the latest Australia and New Zealand bond news, double
click on [AU/CRD] and then double click on the ID number)
 SYDNEY, Jan 14 (Reuters) - Germany's KfW [KFW.UL] has
mandated Deutsche Bank to increase its Kangaroo bond issue
maturing on Jan. 30, 2012, its sole lead said on Monday.
 The bank did not give details on size and pricing.
 It said the bond would price in the near future.
 The bonds will pay a coupon of 6.25 percent.
 State development bank KfW, which is guaranteed by the
Federal Republic of Germany, is rated triple A by all three
major ratings agencies.
 ($1=A$1.12)
 (Reporting by Cecile Lefort)



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