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EIB launches 2028 Kangaroo climate-awareness bond tap

Friday, 02 March 2018

European Investment Bank (EIB) (AAA/Aaa/AAA) launched a minimum A$200 million (US$155.1 million) increase to its February 2028 Kangaroo climate-awareness bond on 2 March, via J.P. Morgan. The forthcoming transaction has price guidance of 46 basis points area over semi-quarterly swap or 46.25 basis points area over Australian Commonwealth government bond. Pricing is expected on the day of launch.

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