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ItalianoBond Euro Investment Bank 0% ( XS2606022098 ) in USD
| Issuer | Euro Investment Bank |
| Market price | 100 % ⇌ |
| Country |  Luxembourg
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| ISIN code |
 XS2606022098 ( in USD )
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| Interest rate | 0% |
| Maturity | 27/06/2023 - Bond has expired |
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Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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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. A recently matured financial instrument, identified by ISIN XS2606022098, was a USD-denominated bond issued by the European Investment Bank (EIB), the European Union's long-term lending institution which finances projects supporting EU policies both within and outside the Union. Originating from Luxembourg, this bond featured a 0% coupon rate, characteristic of a zero-coupon instrument, meaning it did not disburse periodic interest payments, despite its documentation indicating a payment frequency of 2. Having traded at a market price of 100% prior to its conclusion, the bond reached its full maturity on June 27, 2023, and has subsequently been fully redeemed, marking the completion of its lifecycle within the fixed-income market. |