KfW offers three-year benchmark global notes at mid-swaps plus 11 bps

By Lisa Kerner

Charlotte, N.C., July 12 – KfW expects to price a global note due July 15, 2019, according to a news release.

The notes were talked at mid-swaps plus 11 bps.

Deutsche Bank AG, London Branch is the lead manager and JPMorgan London and Toronto Dominion are the managers.

Settlement is expected to occur on Aug. 18.

The German government-owned development bank is based in Frankfurt.

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