On 14 January, European Investment Bank (EIB) (AAA/Aaa/AAA) mandated Deutsche Bank, RBC Capital Markets and TD Securities for a minimum A$300 million (US$216.3 million) increase to its August 2024 Kangaroo bond. The forthcoming deal is being marketed in the area of 47 basis points over semi-quarterly swap and 53.25 basis points over Australian Commonwealth government bond. Pricing is expected on the day after launch.