The Kreditanstalt für Wiederaufbau (KfW) is a German state-owned promotional bank that provides financing for projects in Germany and developing countries.
Identified by ISIN XS1416601877, this bond is issued by Kreditanstalt für Wiederaufbau (KfW), the prominent German state-owned development bank globally recognized for its exceptional AAA-rated creditworthiness and its significant contributions to economic development both domestically and internationally. This USD-denominated obligation, representing a total issue size of $30,000,000 and available in minimum lots of $1,000,000, is a zero-coupon instrument with a 0% stated interest rate, currently trading at 100% of its nominal value on the market, despite its long maturity on May 26, 2046, and features a semi-annual payment frequency, which for a zero-coupon bond typically relates to accretion or valuation intervals rather than direct cash distributions.
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