On November 11 the European Investment Bank (EIB) (AAA/Aaa) priced a A$1.5 billion (US$1.39 billion) April 2015 Kangaroo bond – the largest single tranche transaction ever issued into the Kangaroo market. The new line priced at 83 basis points over the benchmark April 2015 Australian government bond, which rate sheet data indicates equates to the region of 23-25 basis points over swap.
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