EIB launches increase to 2019 Kangaroo

The European Investment Bank (EIB) (AAA/Aaa/AAA) launched its second Kangaroo transaction in two weeks on March 31, announcing the forthcoming pricing of an increase to its August 2019 line. With its A$2.1 billion (US$1.9 billion) outstanding prior to the tap, EIB's 2019 Kangaroo is already one of the largest bonds in the market and a substantial increase could make it the second largest overall.