EIB launches October 2025 Kangaroo tap
- Thursday, 09 January 2020
On 9 January, European Investment Bank (EIB) (AAA/Aaa/AAA) launched a minimum A$300 million (US$206.1 million) increase to its October 2025 Kangaroo bond. Indicative price guidance for the forthcoming transaction is 40 basis points area over semi-quarterly swap, equivalent to 44.5 basis points area over Australian Commonwealth government bond. Pricing is expected on the day after launch, according to Deutsche Bank, Nomura and RBC Capital Markets.
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