Obligation Euro Investment Bank 4.875% ( US298785DV50 ) en USD

Euro Investment Bank

100 % ▼

Luxembourg

US298785DV50 ( en USD )

4.875% par an ( paiement semestriel )

14/02/2036

Prospectus brochure de l'obligation European Investment Bank (EIB) US298785DV50 en USD 4.875%, échéance 14/02/2036

1 000 USD

1 000 000 000 USD

298785DV5

15/08/2025 ( Dans 98 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 USD, avec le code ISIN US298785DV50, paye un coupon de 4.875% par an.
Le paiement des coupons est semestriel et la maturité de l'Obligation est le 14/02/2036

Prospectus Supplement
424B5 1 form424b5.htm PROSPECTUS SUPPLEMENT
PROSPECTUS SUPPLEMENT
FILED PURSUANT TO RULE 424(B)(5)
(To Prospectus Dated December 14, 2005)
REGISTRATION NO. 333-130289

$1,000,000,000 4.875% Notes Due 2036

Interest payable on February 15 and August 15 of each year, commencing August 15, 2006.

The Notes will mature on February 15, 2036. 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 99.177% AND ACCRUED INTEREST, IF ANY

Underwriters
Discounts

and
Proceeds to

Price to Public Commissions
the EIB
Per Note

99.177%
0.275%
98.902%
Total

$991,770,000
$2,750,000 $989,020,000

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
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Prospectus Supplement
Trust Company ("DTC"), on March 2, 2006.

JPMORGAN

MERRILL LYNCH & CO.

BANC OF AMERICA SECURITIES

LIMITED
CITIGROUP

CREDIT SUISSE
GOLDMAN SACHS
UBS INVESTMENT BANK
INTERNATIONAL

February 23, 2006

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Prospectus Supplement

TABLE OF CONTENTS

Prospectus Supplement

Prospectus

Page
Page

Where You Can Find More Information
S-3
About this Prospectus
3
Summary of the Offering
S-5
Where You Can Find More Information
3
Application of Proceeds
S-6
The European Investment Bank
5
Description of Notes
S-6
Use of Proceeds
6
Underwriters
S-8
Description of Securities
7
Validity of the Notes
S-9
Plan of Distribution
14
Experts
S-10
Currency Conversions and Foreign Exchange

General Information
S-10
Risks
15

United States Taxation
15
a

Directive on Taxation of Savings Income
16
g

Legal Opinions
17
g

Experts
17
g

Enforcement of Civil Liabilities Against the EIB
17

Authorized Representative in the United States
18

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 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 not 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, J.P. Morgan Bank
Luxembourg S.A., 6, route de Trèves, L-2633 Senningerberg.
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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
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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 Securities and Exchange Commission, or the Commission, allow us
to omit certain information included in the registration statement from this prospectus.
In addition, we file reports and other information with the Commission under the U.S. Securities Exchange Act of
1934, as amended. You may read and copy this information at the following location of the Commission:

Public Reference Room
100 F Street, N.E.
Room 1580
Washington, D.C. 20549
You may also obtain copies of this information by mail from the Public Reference Section of the Commission, 100 F
Street, N.E., Room 1580, Washington, D.C. 20549, at prescribed rates. You may obtain information on the operation
of the Public Reference Room by calling the Commission at 1-800-SEC-0330. All filings made after December 15,
2002 are also available online through the Commission's EDGAR electronic filing system. Access to EDGAR can be
found on the Commission's website, at http://www.sec.gov.
The Commission 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 Commission.
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 Commission. They contain important information about us. All other documents which the EIB previously filed
with the Commission, 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, 2004
· For the fiscal year ended December 31, 2003
Amendments on Form 18-K/A
· Amendment No. 1 to the Annual Report for

the fiscal year ended December 31, 2004 on
Form 18-K/A dated October 11, 2005
· Amendment No. 1 to the Annual Report for
the fiscal year ended December 31, 2003 on
Form 18-K/A dated August 27, 2004

S-3
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The EIB incorporates by reference additional documents that it may file with the Commission between the date of
this prospectus supplement and the termination of the offering of the Notes. These documents include periodic
reports, such as Annual Reports on Form 18-K and amendments on Form 18-K/A.
You can obtain any of the documents incorporated by reference in this document through us, or from the
Commission. 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:

Capital Markets Department
European Investment Bank
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-4
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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
$1,000,000,000 principal amount of 4.875% Notes due 2036.

Maturity Date
February 15, 2036.

Interest Payment Dates
February 15 and August 15 of each year, commencing August 15, 2006

(short first coupon for the period from and including March 2, 2006 to but
excluding August 15, 2006).

Interest Rate
4.875% 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.

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 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
proposals, see under the headings "United States Taxation" and "Directive
on Taxation of Savings Income" in the accompanying prospectus.

S-5
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APPLICATION OF PROCEEDS
The net proceeds of $989,020,000 from the sale of the Notes offered hereby will be used in the general operations of
the EIB, including disbursements of loans heretofore or hereafter granted by the EIB.

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 and to the form of Global Note filed by the EIB with the Commission.

General
The 4.875% Notes due 2036, offered hereby (the "Notes") will be issued under a Fiscal Agency Agreement dated as
of February 19, 2002 (the "Fiscal Agency Agreement", as described in the accompanying prospectus), between the
EIB and JPMorgan Chase Bank, National Association 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 February 15 and
August 15 of each year (each, an "Interest Payment Date"), with the initial payment on August 15, 2006. The Notes
will bear interest from March 2, 2006 (short first coupon for the period from and including March 2, 2006 to but
excluding August 15, 2006). 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
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.

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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 the Protocol annexed to the Treaty of Rome of March 25, 1957 establishing the European Economic
Community, 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 February 15, 2036 at 100% of the principal amount plus accrued but unpaid
interest to date.
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, $10,000 and $100,000 and integral multiples thereof. As long as
the Notes are admitted to the official list of and to trading on the Bourse de Luxembourg, the EIB will maintain a
paying and transfer agent in Luxembourg.

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, in Luxembourg in a newspaper with general circulation in Luxembourg (which is expected to
be the d'Wort or the Tageblatt). Notices can also be published 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.

Regarding the Fiscal Agent
JPMorgan Chase Bank, National Association will be acting in its capacity as Fiscal Agent through its office located
at 4 New York Plaza, Floor 15, New York, NY 10004, U.S.A.

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Document Outline

sec.gov
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