KfW Rely on the safe haven - Investor presentation
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KFW 007/04/24
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KFW 0 04/02/24
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KfW EUR Benchmark Programme
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Highlights
KfW's EUR-Benchmark-Programme is the backbone of KfW's funding strategy.
KfW is the second largest EUR issuer among supras and agencies worldwide. In
times of uncertainty and high volatility, KfW's benchmark bonds are regarded as
safe haven asset and liquid investment.
KfW is strongly committed to liquidity and regular issuance across all benchmark
maturities each year. Secondary market liquidity is closely monitored.
Well diversified investor base (by region and type of investor).
Flexible funding approach allows prompt reaction to market opportunities
depending on investor demand.
KFW 0 1/4 09/15/25
KFW Rely on the safe haven - Investor presentation / April 2024
KFW 2 1/2 11/19/25
KFW 0 3/8 03/09/26
KFW 2 7/8 05/29/26
KFW 0 09/30/26
KFW 0 5/8 02/22/27
KFW 0 03/31/27
KFW 0 04/30/27
KFW 1 1/4 06/30/27
KFW 2 3/8 08/05/27
KFW 0 1/2 09/15/27
KFW 2 3/4 03/15/28
KFW 0 06/15/26
KFW 0 12/15/27
KFW 0 5/8 01/07/28
KFW 0 3/4 06/28/28
■New lines issued in 2024
KFW 3 1/8 10/10/28
KFW O 3/4 01/15/29
KFW 2 7/8 12/28/29
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KFW 0 09/17/30
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KFW 0 1/8 01/09/32
KFW 011/09/28
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Taps
3.0
2024 Total
16.0
€
EUR BM
bn EUR
2024
Tenor
Coupon (%)
Lead Managers
1/2024
6.0
Jan 3
3y
2.375
BofA, DB, GS, HSBC
II/2024
3.0
Jan 3
10y
2.625
BofA, DB, GS, HSBC
III/2024
4.0
Feb 13
7y
2.75
Crédit Agricole, DZ BANK, J.P.
Morgan, TD
various
Total
€ 237bn
KFW 2 7/8 06/07/33
KFW 2 5/8 01/10/34
KFW 0.05 09/29/34
KFW 1 3/8 07/31/35
וווווווו
KFW 0 3/8 05/20/36
KFW 1 1/4 07/04/36
KFW 1 1/8 06/15/37
KFW 0 7/8 07/04/39
KFW 1 1/8 03/31/37
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