EIB prices A$400 million increase to its May 2028 Kangaroo climate-awareness bond

Thursday, 25 January 2018

Issuer: European Investment Bank
Issuer rating: AAA/Aaa/AAA
Issue rating: as issuer
Pricing date: 25 January 2018
Settlement date: 5 February 2018
Maturity date: 3 February 2028
Lead manager: J.P. Morgan

Volume: A$400 million (US$323.7 million)
Total outstanding in the line: A$900 million
Coupon type: fixed
Coupon rate: 3.3%
Issue/re-offer price: 99.431%
Issue yield: 3.3675%
Margin to swap: 48bp/s-q
Margin to ACGB: 52.25bp/May 2028