EIB brings sustainability framework to Aussie dollars

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By Frank Jackman
13 May 2020

The European Investment Bank inaugurated its sustainability awareness bond (SAB) framework in Australian dollars on Tuesday, while on Wednesday NRW.Bank printed the largest SSA Kangaroo so far this year.

The EIB deal raised A$350m ($226.3m) with a coupon of 1.4% for 10 years. Sole lead Citi priced the deal at 99.907. The spread on the May 2030 note was set at 52bp over mid-swaps, equating to 45.7bp over the May 2030 Australian government bond.

Japan Post Insurance purchased ...

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