Bond Euro Investment Bank 10% ( XS2431967442 ) in EGP
Issuer | Euro Investment Bank | ||
Market price | 100 % ▲ | ||
Country | ![]() |
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ISIN code |
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Interest rate | 10% per year ( payment 1 time a year) | ||
Maturity | 17/01/2024 - Bond has expired | ||
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Minimal amount | 100 000 EGP | ||
Total amount | 350 000 000 EGP | ||
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 informative financial overview of a recently matured debt instrument details a bond (ISIN: XS2431967442) issued by the European Investment Bank (EIB), a public financial institution of the European Union dedicated to providing finance and expertise for sound and sustainable investment projects. This bond, issued from Luxembourg and denominated in Egyptian Pounds (EGP), featured an annual interest rate of 10%, a total issue size of EGP 350,000,000, and a minimum purchase size of EGP 100,000. Originally trading at 100% of its par value, the instrument reached its maturity date on January 17, 2024, and has since been fully redeemed. |