Obbligazione Euro Investment Bank 2.125% ( US298785HD17 ) in USD

Emittente Euro Investment Bank
Prezzo di mercato refresh price now   98.27 USD  ▲ 
Paese  Lussemburgo
Codice isin  US298785HD17 ( in USD )
Tasso d'interesse 2.125% per anno ( pagato 2 volte l'anno)
Scadenza 12/04/2026



Prospetto opuscolo dell'obbligazione European Investment Bank (EIB) US298785HD17 en USD 2.125%, scadenza 12/04/2026


Importo minimo /
Importo totale /
Cusip 298785HD1
Coupon successivo 13/10/2025 ( In 100 giorni )
Descrizione dettagliata La Banca Europea per gli Investimenti (BEI) è l'istituzione finanziaria dell'Unione europea che fornisce finanziamenti a lungo termine per progetti di investimento in tutta Europa e nei paesi in via di sviluppo.

The Obbligazione issued by Euro Investment Bank ( Luxembourg ) , in USD, with the ISIN code US298785HD17, pays a coupon of 2.125% per year.
The coupons are paid 2 times per year and the Obbligazione maturity is 12/04/2026









PROSPECTUS SUPPLEMENT
FILED PURSUANT TO RULE 424(B)(5)
REGISTRATION NO. 333-198097
(To Prospectus Dated November 28, 2014)

$1,500,000,000 2.125% Notes Due 2026
_______________________
Interest payable on April 13 and October 13 of each year, commencing October 13, 2016.
_______________________
The Notes will mature on April 13, 2026. The EIB will not have the right to redeem the Notes before
their scheduled maturity.
_______________________
Application has been made for the Notes to be admitted to the official list of and to trading on the Bourse
de Luxembourg, which is the regulated market of the Luxembourg Stock Exchange.
_______________________
PRICE OF THE NOTES 100.000% AND ACCRUED INTEREST, IF ANY
_______________________
Underwriters
Discounts and
Proceeds to

Price to Public
Commissions
the EIB
Per Note .......................................................................
100.000%
0.175% 99.825%
Total .............................................................................
$1,500,000,000
$2,625,000 $1,497,375,000
_______________________
The United States Securities and Exchange Commission, state securities regulators, the Luxembourg
Stock Exchange or any foreign governmental agencies have not approved or disapproved these Notes, or
determined if this prospectus supplement or the accompanying prospectus is truthful or complete. Any
representation to the contrary is a criminal offense.
The Underwriters below expect to deliver the Notes to purchasers in book-entry form only, through The
Depository Trust Company ("DTC"), on April 13, 2016.
BARCLAYS
BOFA MERRILL LYNCH J.P. MORGAN

April 6, 2016





TABLE OF CONTENTS
Prospectus Supplement

Prospectus


Page

Page
Where You Can Find More Information
S-3
About this Prospectus
3
Filings
S-3
Where You Can Find More Information
3
Summary of the Offering
S-6
Forward-Looking Statements
4
Application of Proceeds
S-7
The European Investment Bank
5
Description of Notes
S-7
Use of Proceeds
8
Underwriters
S-9
Description of Securities
9
Validity of the Notes
S-10
Plan of Distribution
16
Experts
S-10
Currency Conversions and Foreign Exchange Risks 16
General Information
S-12
Taxation
17

Legal
Opinions
23


Experts
23


Enforcement of Civil Liabilities Against the EIB
23


Authorized Representative in the United States
24

You should rely only on the information contained in this prospectus supplement and the accompanying
prospectus. We have not authorized anyone to provide you with information different from that contained in this
prospectus supplement and the accompanying prospectus. We are offering to sell Notes and making offers to buy
Notes only in jurisdictions where offers and sales are permitted. The information contained in this prospectus
supplement and the accompanying prospectus is accurate only as of the date of this prospectus supplement,
regardless of the time of delivery of this prospectus supplement and the accompanying prospectus or any sale of
the Notes.
The information set forth herein, except the information appearing under the heading "Underwriters", is stated
on the authority of the President of the EIB, acting in his duly authorized official capacity as President.
If we use a capitalized term in this prospectus supplement and do not define the term in this document, it is
defined in the accompanying prospectus.
The Notes are offered globally for sale in those jurisdictions in the United States, Canada, Europe, Asia and
elsewhere where it is lawful to make offers. See "Underwriters".
This prospectus supplement and the accompanying prospectus include particulars given in compliance with
the rules governing admission of securities to the official list of and to trading on the Bourse de Luxembourg,
which is the regulated market of the Luxembourg Stock Exchange, for the purpose of giving information with
regard to the EIB. This prospectus supplement and the accompanying prospectus do not constitute a "prospectus
supplement" or "prospectus", respectively, within the meaning of the Luxembourg law of July 10, 2005 (as
amended) on securities prospectuses. The EIB accepts full responsibility for the accuracy of the information
contained in this prospectus supplement and the accompanying prospectus and confirms, having made all
reasonable inquiries, that to the best of its knowledge and belief there are no other facts the omission of which
would make any statement herein or in the prospectus misleading in any material respect.
We cannot guarantee that listing will be obtained on the Luxembourg Stock Exchange. Inquiries regarding
our listing status on the Luxembourg Stock Exchange should be directed to our Luxembourg listing agent, Banque
Internationale à Luxembourg SA, 69, route d'Esch, L-2953 Luxembourg.
The distribution of this prospectus supplement and prospectus and the offering of the Notes in certain
jurisdictions may be restricted by law. Persons into whose possession this prospectus supplement and the
prospectus come should inform themselves about and observe any such restrictions. This prospectus supplement
and the prospectus do not constitute, and may not be used in connection with, an offer or solicitation by anyone in
any jurisdiction in which such offer or solicitation is not authorized or in which the person making such offer or
solicitation is not qualified to do so or to any person to whom it is unlawful to make such offer or solicitation. See
"Underwriters".
S-2





WHERE YOU CAN FIND MORE INFORMATION
The registration statement, including the attached exhibits and schedules, contains additional relevant
information about the Notes. The rules and regulations of the SEC allow us to omit certain information included in
the registration statement from this prospectus.
In addition, we file reports and other information with the SEC under the U.S. Securities Exchange Act of
1934, as amended. You may read and copy this information at the following location of the SEC:
Public Reference Room
100 F Street, N.E.
Washington, D.C. 20549
You may also obtain copies of this information by mail from the Public Reference Section of the SEC, 100 F
Street, N.E., Washington, D.C. 20549, at prescribed rates. You may obtain information on the operation of the
Public Reference Room by calling the SEC at 1-800-SEC-0330. All filings made after December 15, 2002 are also
available online through the SEC's EDGAR electronic filing system. Access to EDGAR can be found on the
SEC's website, at http://www.sec.gov.
The SEC allows us to "incorporate by reference" information into this prospectus. This means that we can
disclose important information to you by referring you to another document filed separately with the SEC. The
information incorporated by reference is considered to be a part of this prospectus, except for any information that
is superseded by information that is included directly in this document or in incorporated documents of a later
date.
This prospectus supplement incorporates by reference the documents listed below that the EIB previously
filed with the SEC. They contain important information about us. All other documents which the EIB previously
filed with the SEC, including those listed under the heading "Where You Can Find More Information" in the
accompanying prospectus, have been superseded by these documents.
FILINGS
Annual Reports on Form 18-K ....................................... ·
For the fiscal year ended December 31, 2014, as filed
with the SEC on April 28, 2015 (File No. 001-05001)
·
For the fiscal year ended December 31, 2013, as filed
with the SEC on April 30, 2014 (File No. 001-05001)
Amendments on Form 18-K/A ....................................... ·
Amendment No. 1 to the Annual Report on Form 18-

K/A for the fiscal year ended December 31, 2014, as

filed with the SEC on May 27, 2015 (File No. 001-
05001)
·
Amendment No. 2 to the Annual Report on Form 18-
K/A for the fiscal year ended December 31, 2014, as
filed with the SEC on July 6, 2015 (File No. 001-
05001)
·
Amendment No. 3 to the Annual Report on Form 18-
K/A for the fiscal year ended December 31, 2014, as
filed with the SEC on July 21, 2015 (File No. 001-
05001)
·
Amendment No. 4 to the Annual Report on Form 18-
K/A for the fiscal year ended December 31, 2014, as
filed with the SEC on July 28, 2015 (File No. 001-
05001)
·
Amendment No. 5 to the Annual Report on Form 18-
K/A for the fiscal year ended December 31, 2014, as
filed with the SEC on October 14, 2015 (File No. 001-
05001)
S-3





·
Amendment No. 6 to the Annual Report on Form 18-
K/A for the fiscal year ended December 31, 2014, as
filed with the SEC on January 12, 2016 (File No. 001-
05001)
·
Amendment No. 7 to the Annual Report on Form 18-
K/A for the fiscal year ended December 31, 2014, as
filed with the SEC on February 9, 2016 (File No. 001-
05001)
·
Amendment No. 8 to the Annual Report on Form 18-
K/A for the fiscal year ended December 31, 2014, as
filed with the SEC on March 8, 2016 (File No. 001-
05001)
·
Amendment No. 1 to the Annual Report on Form 18-
K/A for the fiscal year ended December 31, 2013, as
filed with the SEC on July 31, 2014 (File No. 001-
05001)
·
Amendment No. 2 to the Annual Report on Form 18-
K/A for the fiscal year ended December 31, 2013, as
filed with the SEC on November 28, 2014 (File No.
001-05001)
·
Amendment No. 3 to the Annual Report on Form 18-
K/A for the fiscal year ended December 31, 2013, as
filed with the SEC on January 14, 2015 (File No. 001-
05001)
·
Amendment No. 4 to the Annual Report on Form 18-
K/A for the fiscal year ended December 31, 2013, as
filed with the SEC on February 10, 2015 (File No. 001-
05001)
·
Amendment No. 5 to the Annual Report on Form 18-
K/A for the fiscal year ended December 31, 2013, as
filed with the SEC on February 23, 2015 (File No. 001-
05001)
·
Amendment No. 6 to the Annual Report on Form 18-
K/A for the fiscal year ended December 31, 2013, as
filed with the SEC on March 10, 2015 (File No. 001-
05001)
·
Amendment No. 7 to the Annual Report on Form 18-
K/A for the fiscal year ended December 31, 2013, as
filed with the SEC on April 22, 2015 (File No. 001-
05001)


The EIB incorporates by reference its Annual Reports filed on Form 18-K, as well as any subsequent
amendments thereto filed on Form 18-K/A. Furthermore, the EIB incorporates by reference any other future
filings made with the SEC to the extent such filings indicate that they are intended to be incorporated by reference.

You can obtain any of the documents incorporated by reference in this document through us, or from the
SEC. Documents incorporated by reference are available from us without charge, excluding any exhibits to those
documents incorporated by reference in this prospectus supplement, by requesting them in writing or by telephone
from us at the following address and telephone number:




S-4





Capital Markets Department
European Investment Bank
98-100, Boulevard Konrad Adenauer
L-2950 Luxembourg,
Grand Duchy of Luxembourg
Telephone: (352) 4379-1

If you request any incorporated documents from us, we will mail them to you by first class mail, or another
equally prompt means, within one business day after we receive your request. This prospectus supplement and the
accompanying prospectus will be published on the website of the Luxembourg Stock Exchange at
http://www.bourse.lu.
S-5





SUMMARY OF THE OFFERING
The following summary is qualified in its entirety by, and should be read in conjunction with, the more detailed
information appearing elsewhere in this prospectus supplement and the prospectus.
Issuer ...............................................
European Investment Bank.
Securities Offered ............................
$1,500,000,000 principal amount of 2.125% Notes Due 2026.
Maturity Date ...................................
April 13, 2026.
Interest Payment Dates ....................
April 13 and October 13 of each year, commencing October 13, 2016.
Interest Rate ......................................
2.125% per annum.
Redemption .......................................
The Notes are not subject to redemption prior to maturity.
Markets .............................................
The Notes are offered for sale in those jurisdictions in the United States,
Canada, Europe, Asia and elsewhere where it is legal to make such
offers. See "Underwriters".
Listing ..............................................
Application has been made for the Notes to be admitted to the official list
of and to trading on the Bourse de Luxembourg, which is the regulated
market of the Luxembourg Stock Exchange.
Application of Proceeds ....................
An amount equal to the net proceeds from the sale of the Notes will be
used to support lending projects in the fields of renewable energy and
energy efficiency. See "Application of Proceeds".
Form, Registration and Settlement ...
The Notes will be represented by the Global Note registered in the name
of Cede & Co. as nominee for DTC. The Global Note will be deposited
with a custodian for DTC. Except as described in this prospectus,
beneficial interests in the Global Note will be represented through
accounts of financial institutions acting on behalf of the beneficial
owners as direct and indirect participants in DTC. Investors may elect to
hold interests in the Global Note through DTC, if they are participants in
DTC, or indirectly through organizations that are participants in DTC.
Owners of beneficial interests in the Global Note will not be entitled to
have Notes registered in their names and will not receive or be entitled to
receive physical delivery of definitive Notes in bearer form. Initial
settlement for the Notes will be made in immediately available funds in
dollars. See "Description of Securities--Book-Entry System".
Withholding Tax ..............................
The EIB has been advised that under current United States tax law
payments of principal of and interest on the Notes may generally be
made by the EIB without withholding or deduction for United States
withholding taxes. For further details with respect to this and relevant
European tax measures, see under the heading "Taxation" in the
accompanying prospectus.

S-6





APPLICATION OF PROCEEDS
The European Union and its long-term financing institution, the EIB, have made climate change mitigation and
adaptation a policy priority. The EIB supports the European Union's goal of low-carbon and climate-resilient
growth within and outside the European Union.
Within its climate action financing framework the EIB strongly supports energy efficiency and renewable
energy investments. The EIB thus contributes to the climate change and energy sustainability objectives set out by
the European Union.
Lending projects in the fields of renewable energy and energy efficiency include, but are not limited to:
renewable energy projects such as wind, hydro, solar and geothermal production; and
energy efficiency projects such as district heating, co-generation, building insulation, energy loss
reduction in transmission and distribution and equipment replacement.
The net proceeds of $1,497,375,000 from the sale of the Notes will be allocated to a sub-portfolio within EIB's
treasury liquidity portfolio. So long as the Notes are outstanding, the balance of the sub-portfolio will be reduced, at
the end of each quarter, by amounts matching disbursements made during the quarter to lending projects within the
fields of renewable energy and energy efficiency. Pending such disbursement, the sub-portfolio will be invested in
money market instruments.
DESCRIPTION OF NOTES
The following description of the particular terms of the Notes offered hereby (referred to in the accompanying
prospectus as the "Securities") supplements, and to the extent, if any, inconsistent therewith replaces, the description
of the general terms and provisions to the Securities set forth in the accompanying prospectus to which description
reference is hereby made. Such descriptions do not purport to be complete and are qualified in their entirety by
reference to the Fiscal Agency Agreement, copies of which are available for inspection at the Fiscal Agent's office
at Citigroup Centre, 25 Canada Square, Canary Wharf, London, E14 5LB, United Kingdom, and to the form of
Global Note filed by the EIB with the SEC.
General
The 2.125% Notes due 2026 offered hereby (the "Notes") will be issued under a fiscal agency agreement dated
as of November 28, 2014 (the "Fiscal Agency Agreement", as described in the accompanying prospectus), between
the EIB and Citibank, N.A., London Branch, as fiscal agent (the "Fiscal Agent"). Interest will be paid on the Notes
at the rate set forth on the cover page of this prospectus supplement and will be payable April 13 and October 13 of
each year (each, an "Interest Payment Date"), with the initial payment on October 13, 2016. The Notes will bear
interest from April 13, 2016. The Notes are not subject to any sinking fund or to redemption prior to maturity.
Registration or transfer of Notes will be effected without charge to the holders thereof.
If an Interest Payment Date or the maturity date is a day on which banking institutions are authorized or
obligated by law to close in New York or in a place of payment, then payment of principal or interest need not be
made on that Interest Payment Date or the maturity date. The EIB may make the required payment on the next
succeeding day that is not a day on which banking institutions are authorized or obligated by law to close in New
York or in the place of payment. The payment will be made with the same force and effect as if made on the Interest
Payment Date or maturity date and no additional interest shall accrue for the period from the Interest Payment Date
or maturity date to the date of actual payment.
Payment of the principal of and interest on the Notes made at the offices of the Fiscal Agent and any paying
agent (a "Paying Agent") shall be subject in all cases to any fiscal or other laws and regulations applicable thereto.
Consequently, neither the EIB nor any Paying Agent will make any additional payment in the event of a withholding
tax being required in respect of any payment under or in connection with the Notes. Neither the EIB nor any Paying
Agent shall be liable to any holders of the Notes or other person for commissions, costs, losses or expenses in
relation to or resulting from such payments. In addition to the Notes, the EIB may issue from time to time other
S-7





series of Securities under the Fiscal Agency Agreement consisting of notes, bonds, debentures or other unsecured
evidences of indebtedness.
The Fiscal Agent will be responsible for:
maintaining a record of the aggregate holdings of Notes;
ensuring that payments of principal and interest in respect of the Notes received by the Fiscal Agent from
the EIB are duly credited to the holders of the Notes; and
transmitting to the EIB any notices from the holders of the Notes.
The Notes shall be governed by, and interpreted in accordance with, the laws of the State of New York, except
with respect to authorization and execution by the EIB which shall be governed by the Statute of the EIB (the
"Statute") set forth in a Protocol annexed to the Treaty on the Functioning of the European Union, as amended and
supplemented from time to time (the "Treaty").
Payment of Principal and Interest
Interest will be payable to the persons in whose names the Notes are registered at the close of business on the
date that is ten calendar days prior to each Interest Payment Date. The principal of and interest on the Notes will be
paid in such coin or currency of the United States as at the time of payment is legal tender for the payment of public
and private debts. The EIB may change or terminate the designation of paying agents from time to time. Payments
of principal and interest at such agencies will be subject to applicable laws and regulations, including any
withholding or other taxes, and will be effected by check, or, under certain circumstances, by transfer to an existing
United States dollar account maintained by such holder with a bank in New York City. Interest will be calculated on
the basis of a 360-day year consisting of twelve 30-day months unadjusted.
The EIB will redeem the Notes on April 13, 2026 at 100% of the principal amount plus accrued but unpaid
interest to date.
The EIB shall have the right at any time to purchase Notes in the open market or otherwise. Any Notes so
purchased may be resold at the EIB's discretion if not surrendered to the Fiscal Agent for cancellation.
The Fiscal Agent is not a trustee for the holders of the Notes and does not have the same responsibilities or
duties to act for such holders as would a trustee.
The Notes will be sold in denominations of $1,000 and integral multiples thereof.
Further Issues
The EIB may from time to time, without notice to or the consent of the holders of the Notes, create and issue
further notes ranking pari passu with the Notes in all respects (or in all respects except for the payment of interest
accruing prior to the issue date of such further notes or except for the first payment of interest following the issue
date of such further notes) and such further notes shall be consolidated and form a single series with the Notes and
shall have the same terms as to status, redemption or otherwise as the Notes.
Notices
All notices will be published in English in London in the Financial Times, in New York in The Wall Street
Journal (Eastern Edition) and, so long as any of the Notes are listed on the Luxembourg Stock Exchange and the
rules of that Exchange so require, on the website of the Luxembourg Stock Exchange at http://www.bourse.lu. If at
any time publication in any such newspaper is not practicable, notices will be valid if published in an English
language newspaper with general circulation in the respective market regions as determined by the EIB. Any such
notice shall be deemed to have been given on the date of such publication or, if published more than once on
different dates, on the first date on which publication is made.
S-8





Regarding the Fiscal Agent
Citibank, N.A., London Branch will be acting in its capacity as Fiscal Agent through its office located at
Citigroup Centre, 25 Canada Square, Canary Wharf, London, E14 5LB, United Kingdom.
UNDERWRITERS
Under the terms and subject to the conditions set forth in the underwriting agreement dated April 6, 2016 (the
"Underwriting Agreement"), the underwriters named below (the "Underwriters") have severally agreed to purchase,
and the EIB has agreed to sell to them, severally, the respective principal amount of the Notes set forth opposite
their respective names below:
Principal Amount
Name
of Notes
Barclays Bank PLC .................................................................................
$500,000,000
J.P. Morgan Securities plc .......................................................................
$500,000,000
Merrill Lynch International .....................................................................
$500,000,000

$1,500,000,000

The Underwriting Agreement provides that the obligations of the Underwriters to pay for and accept delivery of
the Notes are subject to, among other things, the approval of certain legal matters by their counsel and certain other
conditions. The Underwriters are obligated to take and pay for all the Notes if any are taken.
The Underwriters propose initially to offer the Notes to the public at the public offering price set forth on the
cover page of this prospectus supplement.
In order to facilitate the offering of the Notes, J.P. Morgan Securities plc (or any person acting for it) as lead
stabilization agent (the "Lead Stabilization Agent") may over-allot the Notes or effect transactions with a view to
supporting the market price of the Notes at a level higher than that which might otherwise prevail. However, there
is no assurance that the Lead Stabilization Agent (or any person acting for it) will undertake stabilization action.
Any stabilization action may begin on or after the date on which adequate public disclosure of the terms of the offer
of the Notes is made and, if begun, may be ended at any time, but it must end no later than the earlier of 30 days
after the issue date of the Notes and 60 days after the date of allotment of the Notes. Any stabilization action or
over-allotment of the Notes must be conducted by the Lead Stabilization Agent (or any person acting for it) in
accordance with all applicable laws and rules.
Certain of the Underwriters and their affiliates engage in transactions with, and perform services for, the EIB in
the ordinary course of business and have engaged, and may in the future engage, in commercial banking and
investment transactions with the EIB.
The Notes are offered for sale in those jurisdictions in the United States, Canada, Europe, Asia and elsewhere
where it is lawful to make such offers.
Each of the Underwriters has represented and agreed that it and each of its affiliates has not and will not offer,
sell or deliver any of the Notes directly or indirectly, or distribute this prospectus supplement or the prospectus or
any other offering material relating to the Notes, in or from any jurisdiction except under circumstances that will
result in compliance with the applicable laws and regulations thereof and that will not impose any obligations on the
EIB except as set forth in the Underwriting Agreement.
In particular, each Underwriter has represented and agreed that:
(i) it and each of its affiliates has only communicated or caused to be communicated and will only
communicate or cause to be communicated any invitation or inducement to engage in investment activity
(within the meaning of section 21 of the Financial Services and Markets Act 2000 (the "FSMA")) received by it
S-9





in connection with the issue or sale of any Notes in circumstances in which section 21(1) of the FSMA does not
apply to the EIB;
(ii) it and each of its affiliates has complied and will comply with all applicable provisions of the FSMA
with respect to anything done by it in relation to any Notes in, from or otherwise involving the United
Kingdom;
(iii) the Notes have not been and will not be qualified for sale under the securities laws of Canada or any
province or territory thereof;
(iv) it and each of its affiliates has not offered or sold, and will not offer or sell, any Notes, directly or
indirectly, in Canada or to, or for the benefit of, any resident thereof, except pursuant to available exemptions
from applicable Canadian provincial and territorial laws; and
(v) the Notes have not been and will not be registered under the Financial Instruments and Exchange Act of
Japan (Act No. 25 of 1948, as amended) (the "FIEA"), and the Notes will not be offered or sold, directly or
indirectly, in Japan or to, or for the benefit of, any resident of Japan (which term as used herein means any
person resident in Japan, including any corporation or other entity organized under the laws of Japan), or to
others for re-offering or resale, directly or indirectly, in Japan or to, or for the benefit of, any resident of Japan,
except pursuant to any exemption from the registration requirements of, and otherwise in compliance with, the
FIEA and any other applicable laws, regulations and ministerial guidelines of Japan.
Purchasers of the Notes may be required to pay stamp taxes and other charges in accordance with the laws and
practices of the country of purchase in addition to the issue price set forth on the cover page hereof.
Expenses associated with this offering are estimated to be $125,000.
The EIB has agreed to indemnify the Underwriters against certain liabilities, including liabilities under the U.S.
Securities Act of 1933, as amended.
It is expected that delivery of the Notes will be made against payment therefor on or about April 13, 2016.
Trades of securities in the secondary markets generally are required to settle in three business days, referred to as
T+3, unless the parties to the trade agree otherwise. Accordingly, by virtue of the fact that the initial delivery of the
Notes will not be made on a T+3 basis, investors who wish to trade the Notes before a final settlement will be
required to specify an alternative settlement cycle at the time of any such trade to prevent a failed settlement.
VALIDITY OF THE NOTES
The validity of the Notes will be passed upon by the EIB, acting through its Legal Directorate, and by Cravath,
Swaine & Moore LLP, London, England, U.S. counsel for the EIB, and for the Underwriters by Sullivan &
Cromwell LLP, London, England, U.S. counsel to the Underwriters. In rendering their opinions, Cravath, Swaine &
Moore LLP and Sullivan & Cromwell LLP will rely as to matters concerning the Treaty and the Statute upon the
opinion of the Legal Directorate of the EIB. All statements in this prospectus with respect to the Treaty and the
Statute have been passed upon by the EIB, acting through its Legal Directorate.
EXPERTS
The following financial statements of the EIB as of December 31, 2014 and 2013, and for each of the years
then ended, have been incorporated by reference herein (such reference being to the EIB's Annual Reports on Form
18-K for the years ended December 31, 2014 and 2013), in reliance upon the reports of KPMG Luxembourg, Société
coopérative (formerly KPMG Luxembourg S.à r.l.), independent auditors, incorporated by reference herein, and
upon the authority of said firm as experts in accounting and auditing:
(i) the unconsolidated financial statements of the EIB prepared in accordance with the general principles of the
Directive 86/635/EEC of the Council of the European Communities of December 8, 1986 on the annual
accounts and consolidated accounts of banks and other financial institutions, as amended by Directive
S-10