Germany's KFW plans 2-yr sterling FRN -IFR
LONDON |
LONDON Feb 9 (Reuters) - Germany state development bank KFW [KFW.UL] plans a two-year benchmark sterling floating rate note, IFR reported on Monday.
The triple-A deal is to be priced in the near future at a spread of three-month LIBOR plus low 20s basis points, said IFR Markets, a Thomson Reuters online news and market analysis service.
Barclays Capital has been appointed to lead manage the deal, IFR said.
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