Bond Euro Investment Bank 11.5% ( XS1374123732 ) in BRL
Issuer | Euro Investment Bank | ||
Market price | 100 % ▼ | ||
Country | ![]() |
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ISIN code |
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Interest rate | 11.5% per year ( payment 1 time a year) | ||
Maturity | 10/03/2019 - Bond has expired | ||
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Minimal amount | 5 000 BRL | ||
Total amount | 150 000 000 BRL | ||
Detailed description |
The European Investment Bank (EIB) is the European Union's long-term lending institution, financing projects that contribute to EU policy objectives. An overview of a specific bond issuance, identified by ISIN XS1374123732, reveals that this fixed-income instrument has successfully reached its maturity and been fully reimbursed. The issuer of this particular bond was the European Investment Bank (EIB), a long-term lending institution of the European Union. Established in 1958 under the Treaty of Rome, the EIB operates as a policy-driven bank, providing finance and expertise for sound and sustainable investment projects that contribute to EU policy objectives across various sectors, thereby playing a pivotal role in supporting European integration and development. This specific bond, issued from Luxembourg, was denominated in Brazilian Real (BRL) and carried a notable annual interest rate (coupon) of 11.5%. The total size of this emission amounted to 150,000,000 BRL, with a minimum purchase size set at 5,000 BRL for investors. With an annual payment frequency, the bond's maturity date was March 10, 2019. Leading up to its maturity, the bond was observed trading at 100% of its par value on the market. Consistent with its terms, the bond has indeed reached its stated maturity and the principal amount, along with any final accrued interest, has been duly reimbursed to the bondholders, concluding its lifecycle as a financial instrument. |