(Bloomberg) -- KfW Group, the German state-owned
development bank, raised its forecast for full-year bond sales to
60 billion euros ($82 billion) on strong economic growth in
Germany.
The Frankfurt-based bank originally forecast it would sell
about 55 billion euros in bonds in 2007 compared with 54.2
billion euros in 2006. So far this year, KfW has raised 37.6
billion euros in debt, Guenther Braeunig, a member of KfW's
management board, said at a press conference in Frankfurt today.
Read more at Bloomberg Bonds News
development bank, raised its forecast for full-year bond sales to
60 billion euros ($82 billion) on strong economic growth in
Germany.
The Frankfurt-based bank originally forecast it would sell
about 55 billion euros in bonds in 2007 compared with 54.2
billion euros in 2006. So far this year, KfW has raised 37.6
billion euros in debt, Guenther Braeunig, a member of KfW's
management board, said at a press conference in Frankfurt today.
Read more at Bloomberg Bonds News
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