June 3, 2014 / 2:07 PM / 3 years ago

New Issue-KfW prices 3.0 bln euro 2024 bond

June 3 (Reuters) -Following are terms and conditions

of a bond priced on Tuesday.

Borrower KfW

Guarantor Federal Republic of Germany

Issue Amount 3.0 billion euro

Maturity Date June 11, 2024

Coupon 1.5 pct

Reoffer price 99.037

Spread 2 basis points

Underlying govt bond Over Mid-Swaps, equivalent to 20.3bp

Over the 1.5 pct May 2024 DBR

Payment Date June 11, 2014

Lead Manager(s) Commerzbank, HSBC and Societe Generale CIB

Ratings Aaa (Moody‘s), AAA (S&P),

AAA (Fitch)

Listing Frankfurt

Full fees 17.5 cts

Denoms (K) 1

Governing Law German

Notes Launched under issuer’s DIP programme

ISIN DE000A1R0709

For ratings information, double click on

For all bonds data, double click on

For Top international bonds news

For news about this issuer, double click on the issuer RIC,

where assigned, and hit the newskey (F9 on Reuters terminals)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below