Obligation Euro Investment Bank 3.3% ( AU3CB0253821 ) en AUD

Euro Investment Bank

100 % ⇌

Luxembourg

AU3CB0253821 ( en AUD )

3.3% par an ( paiement annuel )

25/05/2029

Prospectus brochure de l'obligation European Investment Bank (EIB) AU3CB0253821 en AUD 3.3%, échéance 25/05/2029

500 000 AUD

350 000 000 AUD

25/05/2025 ( Dans 16 jours )

La Banque européenne d'investissement (BEI) est l'institution de financement à long terme de l'Union européenne, soutenant des projets d'investissement dans les États membres de l'UE et dans les pays hors UE.

L'Obligation émise par Euro Investment Bank ( Luxembourg ) , en AUD, avec le code ISIN AU3CB0253821, paye un coupon de 3.3% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 25/05/2029

CONFORMED COPY
Issue No.:
2351/0200

European Investment Bank

Australian Dollar
Medium Term Note Programme

Issue of

A$100,000,000 3.300% Medium Term Notes due 25 May 2029 ("Notes")
(to be consolidated and form a single Series with the Issuer's existing A$250,000,000 3.300% Medium
Term Notes due 25 May 2029, issued on 18 June 2018)

PLEASE NOTE THAT SALE OF THE NOTES SET OUT BELOW MAY BE SUBJECT TO
SELLING RESTRICTIONS - PLEASE REFER TO THE INFORMATION MEMORANDUM IN
RELATION TO THE ABOVE PROGRAMME AND TO ANY SPECIFIC SELLING
RESTRICTIONS IN THIS PRICING SUPPLEMENT.

The Issuer does not fall under the scope of application of the MiFID II package. Consequently, the Issuer
does not qualify as an "investment firm", "manufacturer" or "distributor" for the purposes of MiFID II.

Solely for the purposes of the manufacturer's product approval process, the target market assessment in
respect of the Notes has led to the conclusion that: (i) the target market for the Notes is eligible
counterparties, professional clients and retail clients, each as defined in MiFID II; and (ii) all channels for
distribution of the Notes are appropriate, subject to the distributor's suitability and appropriateness
obligations under MiFID II, as applicable. Any person subsequently offering or selling or recommending
the Notes (a "distributor") should take into consideration the manufacturer's target market assessment;
however, a distributor subject to MiFID II is responsible for undertaking its own target market assessment
in respect of the Notes (by either adopting or refining the manufacturer's target market assessment) and
determining appropriate distribution channels, subject to the distributor's suitability and appropriateness
obligations under MiFID II, as applicable.

For the purposes of the above, the expression "manufacturer" means Deutsche Bank AG, Sydney Branch
and the expression "MiFID II" means Directive 2014/65/EU, as amended.

This Pricing Supplement (as referred to in the Information Memorandum dated 30 July 2014 ("Information
Memorandum") in relation to the above Programme) relates to the Tranche of Notes referred to above.
The Terms and Conditions of the Notes are as set out on pages 15 to 31 of the Information Memorandum.
The Notes are constituted by the Second MTN Deed Poll dated 30 July 2014. Capitalised terms not defined
in this Pricing Supplement shall have the meanings given in the Information Memorandum.

The particulars to be specified in relation to such Tranche are as follows:

1
Issuer:
European Investment Bank
2
Lead Managers:
Deutsche Bank AG, Sydney Branch (ABN 13
064 165 162)
The Toronto-Dominion Bank
3
Type of Issue:
Non-Private Placement

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4
Dealers:
Deutsche Bank AG, Sydney Branch
The Toronto-Dominion Bank
5
Aggregate Principal Amount of issue of Notes: A$100,000,000
6
If to be consolidated with existing Series:
The Notes are to be consolidated and form a
single Series with the Issuer's existing
A$250,000,000 3.300% Medium Term Notes
due 25 May 2029, issued on 18 June 2018.
7
Issue Date:
5 July 2019
8
Issue Price:
112.302%
9
Accrued Interest (if any):
0.368%
10
Settlement Price:
112.383% (net of fees)
11
Denomination(s):
Denominations of A$1,000
The minimum consideration payable when
issued in Australia will be A$500,000
In addition, the issue and the transfer of Notes
in Australia must comply with Banking
exemption No. 1 of 2018 dated 21 March 2018
promulgated by the Australian Prudential
Regulation Authority as if it applied to the
Issuer mutatis mutandis (and which requires all
offers of any parcels of Notes to be for an
aggregate principal amount of at least
A$500,000)
12
Tenor:
5 July 2019 to 25 May 2029
13
Interest:

(a)
If Interest bearing:

(i)
Interest Rate:
3.300% per annum paid semi-annually

(ii)
Interest Payment Dates:
25 May and 25 November each year from and
including 25 November 2019, up to and
including, the Maturity Date

(iii)
Interest Period End Dates:
25 May and 25 November

(iv)
Applicable Business Day
Following Business Day Convention
Convention:

-
for Interest Payment
Following Business Day Convention
Dates:

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-
for Interest Period
None
End Dates:

-
any other date:
Following Business Day Convention

(v)
Interest Commencement Date
25 May 2019
(if different from the Issue
Date):

(vi)
Minimum Interest Rate:
Not applicable

(vii)
Maximum Interest Rate:
Not applicable

(viii) Interest amount (Condition
A$16.50 per Note paid semi-annually and in
5.4):
arrear in accordance with items 13(a)(i) and (ii)
of this Pricing Supplement

(ix)
Rounding (Condition 5.4):
Applicable

(b)
If non-interest bearing:

(i)
Amortisation Yield:
Not applicable

(ii)
Rate of interest on overdue
Not applicable
amount:

(c)
Day Count Fraction:
RBA Bond Basis

(d)
Calculations (Condition 5.5):
Not applicable
14
Business Days:
Sydney
15
Maturity Date:
25 May 2029
16
Maturity Redemption Amount:
Outstanding Principal Amount
17
Early Termination Amount:
Outstanding Principal Amount
18
Listing:
Regulated market of the Luxembourg Stock
Exchange
19
Clearance and Settlement:
Austraclear and, if applicable, through
Euroclear/Clearstream, Luxembourg
20
Other Relevant Terms and Conditions:
Not applicable
21
Additional Selling Restrictions:
See Schedule A to this Pricing Supplement
22
Calculation Agent:
Not applicable
23
Foreign Securities Number ISIN/Common
ISIN:
AU3CB0253821
Code (if any):
Common Code: 183800043
24
Governing Law:
New South Wales, Australia

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25
Additional Information:
See Schedule B to this Pricing Supplement

CONFIRMED

By:
RICHARD TEICHMEISTER
By:
JANETTE BRANDON

Authorised officers of European Investment Bank

Date: 3 July 2019

Page 4

SCHEDULE A

The section of the Information Memorandum entitled "Subscription and Sale" is amended by deleting the
selling restrictions set out in paragraphs 3 and 5 and substituting with the following:
"3
New Zealand
Each Dealer has represented and agreed, and each further Dealer appointed under the Programme will be
required to represent and agree, that:
(a)
it has not offered or sold, and will not offer or sell, directly or indirectly, any Notes; and
(b)
it has not distributed and will not distribute, directly or indirectly, any offering materials or
advertisement in relation to any offer of Notes,
in each case in New Zealand other than:
(i)
to persons who are "wholesale investors" as that term is defined in clauses 3(2)(a), (c) and
(d) of Schedule 1 to the Financial Markets Conduct Act 2013 of New Zealand ("FMC
Act"), being a person who is:
(A)
an "investment business";
(B)
"large"; or
(C)
a "government agency",
in each case as defined in Schedule 1 to the FMC Act; or
(ii)
in other circumstances where there is no contravention of the FMC Act, provided that
(without limiting paragraph (i) above) Notes may not be offered or transferred to any
"eligible investors" (as defined in the FMC Act) or any person that meets the investment
activity criteria specified in clause 38 of Schedule 1 to the FMC Act."
"5
Singapore
Each Dealer has acknowledged, and each further Dealer appointed under the Programme will be required
to acknowledge, that the Information Memorandum has not been registered as a prospectus with the
Monetary Authority of Singapore.
Accordingly, each Dealer has represented, warranted and agreed, and each further Dealer appointed under
the Programme will be required to represent, warrant and agree, that it has not offered or sold any Notes or
caused the Notes to be made the subject of an invitation for subscription or purchase and will not offer or
sell any Notes or cause the Notes to be made the subject of an invitation for subscription or purchase, and
has not circulated or distributed, nor will it circulate or distribute, the Information Memorandum or any
other document or material in connection with the offer or sale, or invitation for subscription or purchase,
of the Notes, whether directly or indirectly, to any person in Singapore other than:
(a)
to an institutional investor (as defined in Section 4A of the Securities and Futures Act (Chapter 289
of Singapore), as modified or amended from time to time (the "SFA")) pursuant to Section 274 of
the SFA;
(b)
to a relevant person (as defined in Section 275(2) of the SFA) pursuant to Section 275(1) of the
SFA, or any person pursuant to Section 275(1A) of the SFA, and in accordance with the conditions
specified in Section 275 of the SFA; or

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(c)
otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of
the SFA.
Where the Notes are subscribed or purchased under Section 275 of the SFA by a relevant person which is:
(1)
a corporation (which is not an accredited investor (as defined in Section 4A of the SFA)) the sole
business of which is to hold investments and the entire share capital of which is owned by one or
more individuals, each of whom is an accredited investor; or
(2)
a trust (where the trustee is not an accredited investor) whose sole purpose is to hold investments
and each beneficiary of the trust is an individual who is an accredited investor,
securities or securities-based derivatives contracts (each term as defined in Section 2(1) of the SFA) of that
corporation or the beneficiaries' rights and interest (howsoever described) in that trust shall not be
transferred within six months after that corporation or that trust has acquired the Notes pursuant to an offer
made under Section 275 of the SFA except:
(i)
to an institutional investor or to a relevant person, or to any person arising from an offer referred to
in Section 275(1A) or Section 276(4)(i)(B) of the SFA;
(ii)
where no consideration is, or will be, given for the transfer;
(iii)
where the transfer is by operation of law;
(iv)
as specified in Section 276(7) of the SFA; or
(v)
as specified in Regulation 37A of the Securities and Futures (Offers of Investments) (Securities and
Securities-based Derivatives Contracts) Regulations 2018."

Page 6

SCHEDULE B

In preparation for a withdrawal of the United Kingdom from the European Union, which will result in the
termination of its membership of the European Investment Bank ("EIB"), the EIB's Board of Governors
has approved a number of measures relating to the EIB's capital and governance. Some of these measures
will require an amendment to the EIB Statute.
With respect to the EIB's subscribed capital, the Board of Governors has approved the replacement of the
United Kingdom capital share by a pro-rata capital increase of the remaining EU Member States. The paid-
in part of that capital increase will be financed out of the EIB's reserves. This capital increase will be
effective as of the withdrawal of the United Kingdom from the EU, which is currently expected to take place
no later than 31 October 2019. Related amendments to the EIB Statute have also been approved by the
Council of the European Union, after consultation with the European Commission and the European
Parliament.
In addition, the Board of Governors has approved a further increase of the capital subscribed by Poland and
Romania by EUR 5,386,000,000 and EUR 125,452,381, respectively, including related changes to the EIB
Statute. This proposed capital increase as well as the related amendments to the EIB Statute are currently
following the prescribed procedure for approval by the Council of the European Union, after consultation
with the European Commission and the European Parliament, which may take place in the upcoming
months.

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