Bond Euro Investment Bank 0% ( XS2586779279 ) in EUR

Issuer Euro Investment Bank
Market price 100 %  ⇌ 
Country  Luxembourg
ISIN code  XS2586779279 ( in EUR )
Interest rate 0%
Maturity 07/02/2024 - Bond has expired



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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 bond identified by ISIN XS2586779279, a debt instrument issued by the European Investment Bank (EIB), has successfully reached its maturity date on February 7, 2024, and has been fully redeemed at 100% of its nominal value, concluding its lifecycle as a zero-coupon security denominated in EUR and issued from Luxembourg; the European Investment Bank, as the long-term lending institution of the European Union, plays a pivotal role in financing projects that support the EU's policy objectives, including infrastructure, innovation, and climate action, leveraging its strong credit standing to issue a diverse range of financial instruments like this particular bond, which, despite its 0% interest rate, provided investors with the full principal repayment upon its single payment event at maturity.