KfW tests the Australian dollar waters with A$100 million tap

Issuer name: KfW Bankengruppe
Issuer rating: AAA/Aaa/AAA
Issue rating: as issuer
Pricing date: 14 March 2023
Settlement date: 21 March 2023
Maturity date: 11 September 2026
Lead manager: TD Securities

Transaction type: senior-unsecured Kangaroo bond
Volume: A$100 million (US$66.5 million)
Total outstanding in the line: A$2.15 billion
Coupon rate: 3.2%
Issue/re-offer price: 98.024% (clean)
Issue yield: 3.8125%
Margin: 78.65bp/Apr 2026 ACGB