even Though she needs for the Corona-rescue programs, just a lot of money, the state development Bank KfW, for the time being no more funds in the capital market. In a note to investors, she writes, that they hold back already since mid-April, with larger transactions. This is remarkable, because the development Bank is one of the most important European issuers of fixed income securities and with your so-called Benchmark bonds, the benchmark for other track sets. Many investors appreciate the Bank with their state guarantees in the Background as a safe haven.
editor in the economy.F. A. Z.
In the light of the uncertainties in the global financial markets and in terms of the economic impact of the Covid-19-pandemic, the KfW have increased their flexibility, in order to get the necessary liquidity, - stated in the message. Currently, the Bank has due to its prudent liquidity management using a "robust liquidity position".
in fact, the KfW is early in the year with a lot of capital and bonds in 14 different currencies 35 billion euros. Three-quarters of it came in about four Euro and a Dollar Benchmark bond. Thus, it has taken almost half of the entire year's planned $ 75 billion.Date Of Update: 16 June 2020, 09:20