PRICING SUPPLEMENT	Filed pursuant to Rule 424(b)(3)
(To Prospectus Supplement dated April 2, 2009	Registration No. 333-158277
and Prospectus dated April 2, 2009)

KfW, Frankfurt/Main, Federal Republic of Germany

U.S.$500,000,000 Floating Rate Notes Due May 4, 2012
CUSIP: 48245ACD1
ISIN: US48245ACD19

          Investing in the Notes involves certain risks that are described in the “Risk Factors” section of the accompanying Prospectus Supplement.

		Discounts and	Proceeds, before
	Price to Public(1)	Commissions	expenses to KfW
Per Note	100.0%	—	100.0%
Total	U.S.$500,000,000	—	U.S.$500,000,000

(1)	Plus accrued interest, if any, from the Interest Commencement Date specified below, if the notes are delivered after that date.
	The Dealer named below expects to deliver the notes to investors on or about May 4, 2010.

          Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined whether this pricing supplement or the related prospectus supplement or prospectus is truthful or complete. Any representation to the contrary is a criminal offence.

CREDIT SUISSE

APRIL 28, 2010

ABOUT THIS PRICING SUPPLEMENT

          This pricing supplement supplements the accompanying prospectus supplement dated April 2, 2009 relating to KfW’s Medium-Term Note Program and the accompanying prospectus dated April 2, 2009 relating to KfW’s debt securities. If the information in this pricing supplement differs from the information contained in the prospectus supplement or the prospectus, you should rely on the information in this pricing supplement.

          You should read this pricing supplement along with the accompanying prospectus supplement and prospectus. All three documents contain information you should consider when making your investment decision. You should rely only on the information provided or incorporated by reference in this pricing supplement, the prospectus and the prospectus supplement. We have not authorized anyone else to provide you with different information. KfW and the dealer are offering to sell the notes and seeking offers to buy the notes only in jurisdictions where it is lawful to do so. The information contained in this pricing supplement, the accompanying prospectus supplement and prospectus is current only as of this date, and information incorporated by reference is current only as of the date of such information.

PS-2

SPECIFIC TERMS

Issuer: KfW	Title of Securities: U.S.$500,000,000 Floating Rate Notes due May 4, 2012
Aggregate Principal Amount: U.S.$500,000,000	Maturity Date: May 4, 2012
Original Issue Date: May 4, 2010	Initial Interest Rate: N/A
Interest Commencement Date: May 4, 2010	First Interest Payment Date: June 4, 2010
	Final Redemption Price: 100%

Type of Floating Rate Note:

þ Regular Floating Rate
o Floating Rate/Fixed Rate
          Fixed Rate Commencement Date: _____
o Fixed Rate/Floating Rate
          Fixed Interest Rate: _____
          Floating Rate Commencement Date: _____
o Inverse Floating Rate
o Other: _____

Interest Rate Basis/Bases:

o CD Rate
o CMT Rate: _____
          o CMT (T7051 Page)
          o CMT (T7052 Page)
o Commercial Paper Rate
o Federal Funds Rate
þ LIBOR: USD- LIBOR -BBA
          LIBOR Currency (if not U.S. dollars): _____
          LIBOR Reuters Screen Page (if not U.S. dollars): _____
o Prime Rate
o Treasury Rate: _____
o Other: _____

Spread: Plus 0.05%	Maximum Interest Rate: N/A
Spread Multiplier: N/A	Minimum Interest Rate: 0%
Index Maturity: 1-month-USD-LIBOR

Interest Reset Period:

o daily	o weekly	þ monthly
o quarterly	o semi-annually	o annually

Interest Reset Date(s): The Interest Commencement Date and each Interest Payment Date

Interest Determination Date(s): 1. as provided in §3(C) of the Conditions

Interest Calculation Date(s): as provided in §3(F)(1) of the Conditions

Calculation Agent:
þ Deutsche Bank Trust Company Americas
o Other: _____

Interest Payment Date(s): unless otherwise specified, the 4th day of the following

(subject to §3(E) in the Conditions)
þ Each of the 12 calendar months in each year

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o Each March, June, September and December in each year:
o Each of the following two calendar months in each year: _____
o The following calendar month in each year:

Redemption:       o Yes            þ No

Redemption Commencement Date (as provided in para. 3 of §7 of the Conditions): _____
Redemption Date(s) (as provided in para. 2 of §7 of the Conditions): _____
Minimum Redemption Notice Period: _____
Redemption Price (expressed as a percentage of the Aggregate Principal Amount to be redeemed): _____

Repayment:       o Yes            þ No

Repayment Date(s): _____
Minimum Repayment Notice Period: _____
Repayment Price (expressed as a percentage of the Aggregate Principal Amount to be repaid): _____

Specified Currency: U.S. dollars for all payments unless otherwise specified below:

Payments of principal and any premium: U.S. dollars
Payments of interest: U.S. dollars
Authorized Denomination: U.S.$1,000
Exchange Rate Agent: N/A

Original Issue Discount Note (“OID”):       o Yes            þ No

Total Amount of OID: N/A
Yield to Maturity: N/A
Initial Accrual Period OID: N/A

Other Terms of Notes:

N/A

         Terms left blank or marked “N/A,” “No,” “None” or in a similar manner shall not apply to the issue of Notes except as may otherwise be specified.

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