Bond Euro Investment Bank 0% ( XS2240134341 ) in USD
Issuer | Euro Investment Bank |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 27/06/2021 - Bond has expired |
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Minimal amount | / |
Total amount | / |
Detailed description |
The European Investment Bank (EIB) is the European Union's long-term lending institution, financing projects that contribute to EU policy goals. The European Investment Bank (EIB) has announced the successful maturity and redemption of one of its financial instruments, a zero-coupon bond identified by ISIN code XS2240134341. This U.S. Dollar-denominated fixed-income security, originally issued from Luxembourg, reached its full maturity on June 27, 2021. As a zero-coupon instrument, it did not feature periodic interest disbursements; instead, investors received the full principal amount at maturity, with the bond being redeemed at 100% of its face value. The European Investment Bank, serving as the long-term lending institution of the European Union, is a public institution whose shareholders are the EU Member States, dedicated to providing finance and expertise for sound and sustainable investment projects that contribute to the EU's policy objectives both within and outside the Union. The full repayment of the principal amount at maturity signifies the successful completion of this obligation's lifecycle in line with its terms. |