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KfW launches, prices A$200 mln 2012 bond increase

Sun Nov 25, 2007 11:50pm EST
 
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 (For the latest Australia and New Zealand bond news, double
click on [AU/CRD] and then double click on the ID number)
 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) 

 

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