The European Investment Bank, the triple-A rated financing agency of the European Union, has shrugged off tight market conditions to complete its largest dollar issue as government agencies and banks followed suit in this year's first round of sales in the sovereign, supranational and agency bond market.
The EIB's $4bn (â¬2.7bn) three-year deal was priced by bookrunners Citigroup, JP Morgan and Merrill Lynch on Monday, and came ahead of a series of other benchmark sized bond sales from the triple-A rated SSA class yesterday.
