The origin of this easy and whimsical three-ingredient recipe can be traced back to Australia and New Zealand. It is simply sliced white bread spread with butter and covered with multi-colored round "hundreds and thousands," the Australian term for sprinkles. It is then typically cut into two triangles.
I found a great recipe, which I reproduce below, from thespruceeats. A link to the recipe on that site is here .
If you ask any Aussie, they will tell you that for an authentic Australian fairy bread experience, inexpensive grocery store sliced white bread is the only way to go. Many will also say margarine is often used instead of any high-quality butter and that there is a magical ratio to butter and sprinkles on the bread. The butter needs to be spread on thick enough to allow the sprinkles to adhere, but not so much that it overpowers the flavor.
Ingredients
8 slices white bread
1/4 cup softened salted butter
1/4 cup multicolored sprinkles
Steps to Make It
Gather the ingredients.
Fairy Bread ingredients
Lightly butter one side of each slice of bread.
Butter one side of the bread
Coat the entire buttered side of each slice with sprinkles.
Top with a layer of sprinkles
Cut each slice on an angle to form triangles.
