KfW set to make long-awaited return to dollars

By Burhan Khadbai
06 Jul 2020

KfW mandated banks on Monday for a highly anticipated return to the dollar market following its previous benchmark in the currency back in January. The German agency will be joined in dollars by the Asian Development Bank, which is preparing a three year trade.

Bank of America, RBC Capital Markets and TD Securities have been appointed to lead KfW’s new global July 2025 dollar benchmark.

Rumours on KfW’s return to the dollar market began to gather steam in April before being renewed in May, following improved funding ...

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