EIB cements position as biggest Kangaroo issuer

European Investment Bank (EIB) (AAA/Aaa/AAA) has priced the A$300 million (US$245 million) increase to its 6.5 per cent August 2019 bonds, bringing the total amount on issue to A$1.05 billion. This is the third 10-year transaction priced by a supranational in the Kangaroo bond market this year, following EIB's inaugural 2019 transaction and Inter-American Development Bank (IADB)'s opening of an August 2019 bond on August 6.