TIDMCZB 
 
Post-stabilisation notice 
 
October 20, 2016 
 
Not for distribution, directly or indirectly, in or into any country or 
jurisdiction in which such distribution would be unlawful. 
 
                     Kreditanstalt fuer Wiederaufbau -KfW- 
 
          1.50%  EUR 1,000,000,000 Increase of Global Bonds due 2024 
 
                           Post-Stabilisation Notice 
 
Commerzbank (contact: Klaus-Peter Eitel; telephone: +49 69 136 21668) hereby 
gives notice that no stabilisation (within the meaning of Article 3.2 (d) of 
the Market Abuse Regulation (EU Regulation 596/2014))) was undertaken by the 
Stabilising Managers named below in relation to the offer of the following 
securities. 
 
Issuer:                            KfW 
 
Guarantor (if any):                Federal Republic of Germany 
 
Aggregate nominal amount:          EUR 1,000,000,000 
 
Description:                       1.50 % Global Notes Increase due 
                                   11th June 2024 
 
Coordinating Stabilising Manager:  Commerzbank AG 
Stabilisation Managers:            Deutsche Bank 
                                   HSBC 
 
This announcement is for information purposes only and does not constitute an 
invitation or offer to underwrite, subscribe for or otherwise acquire or 
dispose of any securities of the Issuer in any jurisdiction. 
 
This announcement is not for distribution, directly or indirectly, in or into 
countries or any other jurisdiction in which such distribution would be 
unlawful. 
 
 
 
END

(END) Dow Jones Newswires

October 20, 2016 04:32 ET (08:32 GMT)

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