Bond Euro Investment Bank 1.625% ( US298785JA59 ) in USD
Issuer | Euro Investment Bank | ||
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ISIN code |
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Interest rate | 1.625% per year ( payment 2 times a year) | ||
Maturity | 08/10/2029 | ||
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Minimal amount | / | ||
Total amount | / | ||
Cusip | 298785JA5 | ||
Next Coupon | 09/10/2025 ( In 68 days ) | ||
Detailed description |
The European Investment Bank (EIB) is the European Union's long-term lending institution, financing projects that contribute to EU policy objectives. This financial article details a specific debt instrument, identified by its ISIN US298785JA59 and CUSIP 298785JA5, which is issued by the European Investment Bank (EIB), a highly-rated supranational financial institution and the long-term lending arm of the European Union. Owned by the EU member states, the EIB finances projects aligned with EU policy objectives globally, reinforcing its robust financial standing and creditworthiness in capital markets. This particular obligation, originating from Luxembourg, is denominated in US Dollars (USD) and features a fixed annual coupon rate of 1.625%; interest payments are scheduled with a frequency of two per year, indicating semi-annual disbursements. The bond's maturity date is set for October 8, 2029, and it is currently quoted on the market at 90.87% of its nominal value, signifying it is trading at a discount. |