Bond Euro Investment Bank 0% ( XS2604371190 ) in USD

Issuer	Euro Investment Bank
Market price	100 % ⇌
Country	Luxembourg
ISIN code	XS2604371190 ( in USD )
Interest rate	0%
Maturity	16/08/2023 - 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 financial instrument identified by ISIN XS2604371190, issued by the European Investment Bank (EIB), a prominent supranational financial institution and the long-term lending arm of the European Union dedicated to financing projects that support EU policies, has reached its scheduled maturity. Originated in Luxembourg, this USD-denominated security featured a 0% interest rate, categorizing it as a zero-coupon instrument, meaning no periodic interest payments were disbursed, despite its stated semi-annual payment frequency which would typically apply to coupon-bearing bonds. At its maturity date on August 16, 2023, the bond was observed trading at 100% of its face value on the market, reflecting its imminent full repayment to investors, and has now been confirmed as fully redeemed and repaid.