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KfW plans Bt4 bn bonds

Kreditanstalt fur Wiederaufbau (KfW), the German development bank, plans to offer Bt4 billion worth of three year baht-denominated bonds to institutional investors, according to a filing to Thailand's Securities and Exchange Commission.

The bond will carry a fixed coupon rate which has yet to be determined, the filing said.

The Bangkok branch of Deutsche Bank AG (DB) will act as manager for the deal, it said.

- The Nation

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