Bond Euro Investment Bank 0% ( XS0202290044 ) in EUR
Issuer | Euro Investment Bank | ||
Market price | 100 % ⇌ | ||
Country | ![]() |
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ISIN code |
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Interest rate | 0% | ||
Maturity | 25/01/2020 - Bond has expired | ||
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Minimal amount | 1 000 EUR | ||
Total amount | 1 650 000 000 EUR | ||
Detailed description |
The European Investment Bank (EIB) is the European Union's long-term lending institution, financing projects that contribute to EU policy objectives. The European Investment Bank (EIB), serving as the European Union's long-term lending institution and a prominent global multilateral financial entity, was the issuer of the now-matured zero-coupon bond, ISIN XS0202290044, which was denominated in EUR with a total issuance size of 1,650,000,000 and a minimum acquisition threshold of 1,000; this Luxembourg-issued bond, characterized by a 0% interest rate and a payment frequency of 1, reached its scheduled maturity on January 25, 2020, at which point its market price was 100%, and it has since been fully redeemed. |