EIB launches February 2028 Kangaroo CAB tap
- Monday, 20 January 2020
European Investment Bank (EIB) (AAA/Aaa/AAA) launched a minimum A$100 million (US$68.8 million) increase to its February 2028 Kangaroo climate-awareness bond (CAB), on 20 January. Indicative price guidance for the forthcoming transaction is 42 basis points area over semi-quarterly swap, equivalent to 43 basis points area over Australian Commonwealth government bond. Pricing is expected on the day after launch, according to Deutsche Bank.
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