Frank Czichowski Head to Head interview in full

22 Jun 2007

KfW’s treasurer Frank Czichowski, one of the capital markets’ best respected funding officials talks to EuroWeek’s John Orchard about his economic outlook and KfW’s approach to funding — especially in local currency bond markets and the US.


KfW Bankengruppe, the German state development bank, is one of the premier borrowers in the world’s capital markets.

Triple-A rated, guaranteed by the Federal Republic of Germany, and issuing some Eu55bn of bonds a year, KfW has a loyal following among investors.

But by issuing over 500 securities a year, ...

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