The EUROPEAN INVESTMENT BANK (Aaa/AAA/AAA) drew broad support for last Wednesday's A$750m (US$585m) five-year Climate Awareness Bond (CAB), the largest Green bond sale on record in Australian dollars from a sovereign, supranational or agency issuer. The new EIB 2.70% January 12 2023 note priced at 99.675 for a yield of 2.77%, 37bp wide of asset swaps and 37.5bp over the April 2023 ACGB.
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