EIB hops back into Kangaroo territory
The Kangaroo market for sovereigns, supranationals and agencies gathered momentum this week when the European Investment Bank priced its first trade in the format in eight months on Thursday — a A$600m tap of its 6.25% 2021s. The supra has avoided this sector after acute investor panic over the eurozone crisis blew its spreads out at the end of last year.
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