KfW set for sterling green return

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By Burhan Khadbai
22 Jul 2019

KfW picked banks on Monday for its first green bond in sterling since July 2015, as it increases the volume of its green bonds under its new framework.

NatWest Markets, RBC Capital Markets and TD Securities are taking indications of interest for a September 2026 sterling Reg S green benchmark for KfW, with initial price thoughts at 38bp area over the September 2026 Gilt. The bond is expected to be priced on Tuesday.

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