CEB launches A$30 million August 2029 Kangaroo increase

Council of Europe Development Bank (CEB) (AA+/Aa1) launched an indicative A$30 million (US$21 million) increase to its August 2029 Kangaroo bond, via Daiwa Capital Markets on 10 May. The forthcoming deal is being marketed at 52 basis points area over semi-quarterly swap and is expected to price on the day of launch.