EIB to tap February 2028 Kangaroo climate-awareness bond

On 25 January, European Investment Bank (EIB) (AAA/Aaa/AAA) launched an increase to its February 2028 climate-awareness bond. The forthcoming transaction is being marketed at 48 basis points area over semi-quarterly swap and 52.75 basis points area over the Australian Commonwealth government bond. Pricing is expected on the day of launch, according to lead manager J.P. Morgan.