EIB launches November 2024 CAB Kangaroo tap

On 15 July, European Investment Bank (EIB) (AAA/Aaa/AAA) launched a minimum A$150 million (US$111.4 million) increase to its November 2024 climate-awareness bond (CAB) Kangaroo. The forthcoming deal has indicative price guidance of 6 basis points area over semi-quarterly swap, equal to 24.5 basis points area over Australian Commonwealth government bond. ANZ and Nomura are joint lead managers.