Invest in the Future. Transform it now.
A comparison of green and conventional KfW Bonds
Issuer
Guarantor
Rating
Risk weight
Use of Proceeds
Green Bonds - Made by KfW
KFW
Federal Republic of Germany
Moody's: Aaa Scope Ratings: AAA
Standard & Poor's: AAA
0% according to CRR/Basel III (standardised approach)
General business, however, amount equal to net proceeds for climate-
friend-ly projects accord. to KfW framework
Allocation report & Impact report
Conventional KfW Bonds
KFW
Federal Republic of Germany
Moody's: Aaa Scope Ratings: AAA
Standard & Poor's: AAA
0% according to CRR/Basel III (standardised approach)
General business
None
Reporting
Institutional investors, preferred allocation for "green" investors
Target investors
Currency
Flexible, primarily EUR, USD, GBP, AUD, SEK, up to 20 currencies
possible
Term
Determined by qualifying green assets,
primarily 5 to 10 years
KFW Invest in the Future. Transform it now. / November 2023
Institutional investors
Flexible, primarily EUR, USD, GBP, AUD, SEK, up to 20 currencies
possible
Flexible, primarily 2 to 15
yearsView entire presentation