EIB launches August 2026 Kangaroo tap

On 14 February, European Investment Bank (EIB) (AAA/Aaa/AAA) launched a minimum A$200 million (US$141.7 million) increase to its August 2026 Kangaroo bond. The forthcoming deal is being marketed at 48 basis points area over semi-quarterly swap, equivalent to 60.75 basis points area over Australian Commonwealth government bond. Pricing is expected on the day of launch, according to lead managers RBC Capital Markets and TD Securities.