Bond Euro Investment Bank 0% ( XS2699049172 ) in EUR
Issuer | Euro Investment Bank |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 27/09/2024 - 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. A zero-coupon bond, ISIN XS2699049172, issued by the European Investment Bank (EIB), a supranational financial institution and the long-term lending arm of the European Union, has officially matured and been successfully redeemed at 100% of its face value on September 27, 2024. This EUR-denominated security, originating from Luxembourg and characterized by its 0% interest rate and a single principal payment upon maturity, saw its obligations fulfilled on the stipulated redemption date, reflecting a standard conclusion to its lifecycle within the fixed-income market, consistent with the EIB's robust financial management as an entity dedicated to funding projects that support EU policy objectives. |