EIB nets A$650 million in Kangaroo market return

European Investment Bank (EIB) (AAA/Aaa/AAA) priced its third Kangaroo transaction of 2012, and its first since Q1, on August 8, with the placement of a new 10-year line. The deal adds to the A$850 million (US$898.5 million) of Kangaroo paper the supranational has sold so far this year – well down on the A$3 billion it issued in 2011 and the record A$6.1 billion it sold in 2009.