CEB prints A$40 million October 2038 social inclusion Kangaroo bond
- Wednesday, 27 September 2023
Issuer name: Council of Europe Development Bank
Issuer rating: AAA/Aaa/AAA
Issue rating: as issuer
Pricing date: 27 September 2023
Settlement date: 12 October 2023
Maturity date: 12 October 2038
Lead manager: Daiwa Capital Markets
Transaction type: social inclusion Kangaroo bond
Volume: A$40 million (US$25.6 million)
Coupon type: fixed
Coupon rate: 5.137%
Issue/re-offer price:100%
Issue yield: 5.137%
Margin to swap: 44bp/s-q
Margin to ACGB: 62bp/April 2037
Framework: CEB's Social Inclusion Bond Framework, March 2022
Second-party opinion: Sustainalytics
ICMA aligned: yes
SSA Yearbook 2023
The annual guide to the world's most significant supranational, sovereign and agency sector issuers.
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