Germany's KfW adds A$400 mln to 2011 bond

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SYDNEY, May 15 (Reuters) - German state-owned development
bank KfW [KFW.UL] has added A$400 million ($374 million) to a
three-year Kangaroo bond issue, a joint lead said.

The notes paid around 25 basis points under swap, a market
source said.

The deal details are as follows:

Issuer: KfW

Facility: Kangaroo fixed rate note increase

Documentation: Australian

Amount issued: A$400 million

Total on issue: A$1 billion

Maturity: Aug. 26, 2011

Set date: May 23

Coupon: 7.500%

Yield: 7.1950%

Margin: +88.25 bps over ACGB June 2011

Issue price: 102.649 including 1.793 in interest

Lead(s): TD Securities and RBC Capital Markets

Issuer rating: AAA (S&P), Aaa (Moody's), AAA (Fitch)
($1=A$1.07)
(Reporting by Cecile Lefort)