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SYDNEY, Nov 26 (Reuters) - German state-owned development
bank KfW [KFW.UL] has launched and priced a A$200 million ($177
million) increase of its January 2012 bonds, lead manager TD
Securities said on Monday.
KfW's bonds are guaranteed by the Federal Republic of
Germany.
The deal details are as follows:
Issuer: KfW
Facility: Domestic fixed rate Kangaroo bonds increase
Amount issued: A$200 million
Total on issue: A$1 billion
Maturity: Jan. 30, 2012
Set date: Dec. 6
Coupon: 6.25%
Yield: 7.2501%
Margin: +95 bps over ACGB April 2012
Issue price: 96.459 (gross)+2.191 (interest)
Lead(s): TD Securities
Issuer rating: AAA (S&P), Aaa (Moody's), AAA (Fitch)
($1=A$1.13)
(Reporting by Cecile Lefort)
