European Investment Bank starts New Year with a bang

The European Investment Bank (EIB) didn’t wait long to get the Hong Kong bond market moving in 2001, issuing HK$2.5 billion ($320 million) within minutes of the market opening on January 2 to make it the first deal of the year. The transaction, lead managed by HSBC, was originally sized at HK$2 billion, but later increased by HK$500 million due to strong demand.