Bund wants to sell KfW more shares worth billions
As a rule, the Federal Government will pass on the share package to KfW at a discount of one third to the current share price. If the federal government would only park additional Telekom shares to the expected extent at KfW, then the volume at the current price level would be around 300 million shares.
The share transactions with the federal government are profitable for KfW. “We have found that the proceeds are well above the cost price,” said a KfW spokeswoman on the recent sale of 200 million T shares to financial investors the day before. However, the costs of the transaction would have to be eliminated. “KfW will not be charged.” The federal government flows from the sale of shares to investors according to their own information no money.