Bond Euro Investment Bank 0% ( XS2541869967 ) in USD
Issuer | Euro Investment Bank |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 31/03/2023 - 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. This financial report details the maturity and full reimbursement of a specific debt instrument, identified by its ISIN XS2541869967. Issued from Luxembourg and denominated in USD, this bond featured a 0% interest rate, indicating it was a zero-coupon security, meaning investors received no periodic interest payments but rather the full principal amount at maturity. While a payment frequency of 2 was noted, this typically refers to coupon distributions, which were not applicable to this zero-coupon instrument, with its entire principal due at its maturity date of March 31, 2023. The bond was reimbursed at 100% of its nominal value upon maturity. The issuer of this obligation was the European Investment Bank (EIB), a highly rated supranational institution and the long-term lending arm of the European Union. Owned by the EU Member States, the EIB is a key player in international capital markets, known for its strong creditworthiness and its mandate to finance sound and sustainable investment projects that contribute to EU policy objectives, including climate action, innovation, sustainable infrastructure, and support for small and medium-sized enterprises, both within the EU and in partner countries worldwide. The successful repayment of ISIN XS2541869967 on its maturity date completes its lifecycle as a fully discharged financial obligation of the European Investment Bank. |