Bond Euro Investment Bank 0% ( XS2668512432 ) in USD

Issuer	Euro Investment Bank
Market price	100 % ⇌
Country	Luxembourg
ISIN code	XS2668512432 ( in USD )
Interest rate	0%
Maturity	31/01/2024 - 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. An analysis of fixed-income market activity highlights the recent lifecycle conclusion of a specific debt instrument, the bond identified by ISIN code XS2668512432, issued by the European Investment Bank (EIB). The European Investment Bank functions as the long-term lending institution of the European Union, dedicated to financing projects that support EU policy objectives both within and outside the Union, thereby playing a pivotal role in European economic development and integration. This particular bond, issued from Luxembourg and denominated in USD, featured a 0% interest rate and an indicated payment frequency of two times per year, though its zero-coupon nature means the principal repayment occurs solely at maturity. With a definitive maturity date of January 31, 2024, the bond?s market price was recorded at 100% upon its conclusion, confirming that it successfully reached its maturity and was fully repaid to its holders, thereby completing its tenure within the financial landscape.