EIB kicks off 2011 Kangaroo market with 2020 tap [UPDATED]

European Investment Bank (EIB) (AAA/Aaa/AAA) revealed the first Kangaroo deal mandate of 2011 on January 10, with the supranational increasing its August 2020 bond by A$600 million (US$590.7 million) one day later. The line was first introduced in a A$1 billion transaction in July last year before being increased on a single occasion, by A$600 million, at the start of September.