KfW doubles size of US CP programme

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By Burhan Khadbai
01 Jun 2020

KfW has made the first adjustment to its 2020 borrowing needs by doubling the size of its US commercial paper programme, with the Gerrman agency set to review its overall funding target at the end of June.

The German promotional bank has increased the size of its US CP programme from $10bn to $20bn.

It has not yet made any adjustment to its overall funding target for the year, which remains at €75bn. But this will be reviewed at the end of June, taking into ...

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