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      Instrument data
      Issuer
      KfW
      Currency
      EUR
      -
      S-1+ Outlook: Stable
      S-1+ Outlook: Stable
      Latest change
      Affirmed
      06/06/2025
      General information
      Rating
      Public
      Solicited
      With issuer participation
      UK endorsed
      EU Rated
      Eiko Sievert Lead analyst
      Alvise Lennkh-Yunus Committee chair
      Scope affirms KfW at AAA with Stable Outlook

      6/6/2025 Rating announcement EN

      Scope affirms KfW at AAA with Stable Outlook

      The rating is supported by the guarantee of the Federal Republic of Germany (AAA/Stable) for all KfW's existing and future obligations.

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      Scope affirms KfW's issuer rating at AAA with Stable Outlook

      19/4/2024 Rating announcement EN

      Scope affirms KfW's issuer rating at AAA with Stable Outlook

      KfW's issuer rating is aligned with the Federal Republic of Germany's AAA sovereign rating.

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      Scope affirms AAA/Stable issuer rating on KfW

      24/5/2023 Rating announcement EN

      Scope affirms AAA/Stable issuer rating on KfW

      KfW's issuer rating is fully aligned with the Federal Republic of Germany's AAA sovereign credit rating.

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      Scope affirms AAA/Stable issuer rating on KfW

      23/6/2022 Rating announcement EN

      Scope affirms AAA/Stable issuer rating on KfW

      KfW's issuer rating is fully aligned with the AAA sovereign credit rating of the Federal Republic of Germany.

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      Scope affirms KfW's rating at AAA with Stable Outlook

      27/7/2020 Rating announcement EN

      Scope affirms KfW's rating at AAA with Stable Outlook

      Scope affirms KfW's AAA issuer and senior debt ratings and the S-1+ short-term debt rating. The Outlook for all ratings remains Stable.

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      Scope assigns AAA/S-1+ Long-Term and Short-Term Ratings to KfW, all with Stable Outlook

      4/12/2015 Rating announcement EN

      Scope assigns AAA/S-1+ Long-Term and Short-Term Ratings to KfW, all with Stable Outlook

      First-time ratings.

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      Date Title