Kreditanstalt fuer Wiederaufbau (KfW), founded in 1948 and headquartered in Frankfurt, Germany, serves as a development bank with a mission to support economic development and promote sustainable investment both domestically and internationally. KfW provides a wide range of financing solutions, including loans and grants for small and medium-sized enterprises (SMEs), infrastructure projects, and environmental initiatives.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
KfW is a prolific issuer of bonds, having established its bond issuance program shortly after its founding, with significant milestones including its first bond issuance in 1980. Notably, in 2020, KfW raised €12 billion in response to the COVID-19 pandemic via its ‘KfW COVID-19 Loan Program’ bonds, targeting support for businesses affected by the crisis. Current bond yields show KfW's offerings remain competitive within the industry, often benefiting from strong demand driven by its high credit ratings and commitment to socially responsible financing, further enhanced by features like green bonds aimed at funding environmentally friendly projects.