EIB ends Kangaroo hiatus and lifts market volume past 2008 level [UPDATED]
- Tuesday, 29 September 2009
A three-week break in Kangaroo market issuance was ended on September 29 by the European Investment Bank (EIB) (AAA/Aaa/AAA), with the issuer's A$550 million (US$480.92 million) 2014 increase also pushing annual Kangaroo volume for 2009 past last year's figure. Pricing on the transaction also marked a further tightening of margins for supranational, sovereign and agency (SSA) issuers in Australia.
