Bond Euro Investment Bank 0% ( XS2752084421 ) in USD

Issuer	Euro Investment Bank
Market price	100 % ⇌
Country	Luxembourg
ISIN code	XS2752084421 ( in USD )
Interest rate	0%
Maturity	05/09/2024 - 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 informational overview details the recently matured bond, ISIN XS2752084421, issued by the European Investment Bank. The European Investment Bank (EIB) serves as the long-term lending institution of the European Union, wholly owned by its member states, with a mandate to finance projects that align with EU policy objectives, spanning infrastructure, innovation, and climate action both within and outside the Union, thereby supporting economic growth and European integration. This specific bond, denominated in USD and originating from Luxembourg, was characterized by a 0% interest rate, identifying it as a zero-coupon instrument. With a maturity date of September 5, 2024, and a listed payment frequency of 2, this bond, redeemed at 100% of its par value, has successfully reached maturity and been fully repaid to investors, concluding its financial cycle.