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      Instrument data
      Issuer
      KfW
      Senority
      Senior Unsecured
      Currency
      USD
      Coupon percent
      3.5%
      Coupon type
      Fixed:Plain Vanilla Fixed Coupon
      Instrument volume
      3,000,000,000
      Maturity date
      09/08/2028
      -
      AAA Outlook: Stable
      AAA Outlook: Stable
      Latest change
      New
      17/09/2025
      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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