Assets · Debt security · issued by KfW

KfW EUR 5bn 3-year benchmark bond as central register security on D7, 2024Updated 28 Oct 2026

KfW euro benchmark bond issued in June 2024 as a central register security under the eWpG through Clearstream's D7 platform: EUR 4 billion at launch, increased to EUR 5 billion in September 2024. A central digital register, not a blockchain. ISIN DE000A383B10 and maturity (1 October 2027) from ESMA's FIRDS register, matched on coupon and launch dates; FIRDS's larger size (EUR 7bn) includes taps not confirmed as on D7.

Asset sources[1][2][3][4] · ISIN DE000A383B10

~€9.7bnSupply, 8 Nov 2026
1Networks
0Also used by
Issued
Jun 2024
Matures
1 Oct 2027
Size
€5bn
Coupon
2.75% fixed

Issued through Clearstream D7 digital securities issuance Live (scaled)

Classification · low confidence

Legal form
Debt security from issuance terms
Underlying
Government debt
Value behaviour
Fixed income · pays income
Ledger role
Native
Legal labels
central register security (Zentralregisterwertpapier, eWpG) (Germany)[1]

Agency issuer (state promotional bank): underlying government-debt under the rulebook, not supranational. 2.75% fixed coupon from the platform's launch release (cs-kfw-jun-2024), so yield-bearing; confidence stays low because only arranger and platform releases state the coupon.

Sourced[1]. How assets are classified: methodology.

Contracts

No contract addresses recorded yet.

Sources

  1. [1]https://clearstream.com/clearstream-en/newsroom/241017-4147882 — Clearstream, 17 Oct 2024. Accessed 12 Oct 2026.B
  2. [2]KfW-Refinanzierer lassen ihren Worten Taten folgen — KfW, 10 Dec 2024. Accessed 12 Oct 2026.B
  3. [3]First KfW benchmark bond via Deutsche Börse's digital D7 platform — Clearstream, 27 Jun 2024. Accessed 27 Oct 2026. EUR 4bn, 3 years, 2.75% coupon, value date 2 July 2024, central register security under the eWpG; no ISIN or exact maturity date..B
  4. [4]FIRDS instrument reference data: DE000A383B10 (KFW 2 3/4 10/01/27) — ESMA (FIRDS). Accessed 28 Oct 2026. KfW (LEI 549300GDPG70E3MBBU98) 2.75% bond due 1 October 2027, CFI DTFTFB, first traded 25-27 June 2024, total nominal now EUR 7bn. Matched to the D7 bond by inference: Clearstream's launch release gives a EUR 4bn, three-year, 2.75% KfW euro benchmark with value date 2 July 2024, and this is the only KfW EUR 2.75% issue in FIRDS first traded in June-July 2024; no source names the ISIN. The FIRDS size includes later taps that are not confirmed as D7 central register securities, so the record keeps the issuer- and platform-stated EUR 5bn (editor decision 2026-10-27-classification-3)..A

More: debt security