Germany's KfW sees increasing demand for its bonds

KfW, the German government's development bank, said on Wednesday that increasing confidence in Europe was boosting demand for its bonds as it seeks to issue an additional 20 billion euros ($23.6 billion) in securities during the second half of 2025.

KfW has already sold 50.3 billion euros in bonds this year, and total issuance is expected to be around 70 billion this year, it said.

"We have been witnessing for some time now that investors increasingly tend to diversify in different currencies," said KfW's treasurer Tim Armbruster.

($1 = 0.8493 euros)