Obligation Euro Investment Bank 0% ( US298785DW34 ) en AUD

Euro Investment Bank

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Luxembourg

US298785DW34 ( en AUD )

10/03/2021 - Obligation échue

Prospectus brochure de l'obligation European Investment Bank US298785DW34 en AUD 0%, échue

1 000 AUD

500 000 000 AUD

298785DW3

La Banque européenne d'investissement (BEI) est une institution de l'Union européenne qui finance des projets contribuant à l'intégration, la cohésion et la croissance économique de l'UE et des pays voisins.

L'Obligation émise par Euro Investment Bank ( Luxembourg ) , en AUD, avec le code ISIN US298785DW34, paye un coupon de 0% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 10/03/2021

http://www.sec.gov/Archives/edgar/data/33745/000095015706000195/form424b5.htm
424B5 1 form424b5.htm EIB PROSPECTUS SUPPLEMENT
PROSPECTUS SUPPLEMENT
FILED PURSUANT TO RULE 424(B)(5)
(To Prospectus Dated December 14, 2005)
REGISTRATION NO. 333-130289

A$500,000,000 Zero Coupon Notes Due 2021

The Notes will mature on March 10, 2021. The EIB will not have the right to redeem the Notes before their
scheduled maturity.

The Notes are being offered at a substantial discount to their principal amount and do not bear any interest. On the
maturity date, the EIB will be obligated to pay the principal amount.

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 44.672%

Underwriters
Discounts

and
Proceeds to

Price to Public Commissions
the EIB
Per Note

44.672%
0.25%
44.422%
A
Total
A$223,360,000 A$1,250,000 $222,110,000

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 Underwriter below expects to deliver the Notes to purchasers in book-entry form only, through the facilities of
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The Depository Trust Company ("DTC"), as well as through the facilities of other clearing systems that participate in
DTC, including Clearstream Banking, société anonyme or Euroclear Bank S.A./N.V., as operator of the Euroclear
System, as the case may be, on March 10, 2006.

TD SECURITIES
March 1, 2006

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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-5
The European Investment Bank
5
Application of Proceeds
S-6
Use of Proceeds
6
Description of Notes
S-6 Description of Securities
7
Currency Conversions
S-8
Plan of Distribution
14
Underwriter
Currency Conversions and Foreign Exchange
S-9 Risks
15
United States Taxation
S-11
United States Taxation
15
Validity of the Notes
S-15 Directive on Taxation of Savings Income
16
Experts
S-15
Legal Opinions
17
General Information
S-15
Experts
17

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 "Underwriter", 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. References herein to "Australian dollars" or "A$" are to the lawful currency of
Australia.
The Notes are offered globally for sale in those jurisdictions in the United States, Canada, Europe, Asia,
Australia and elsewhere where it is lawful to make offers. See "Underwriter".
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, Dexia Banque
Internationale à Luxembourg, 69, route d'Esch, L-2953 Luxembourg.

The distribution of this prospectus supplement and prospectus and the offering of the Notes in certain
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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
"Underwriter".

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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 the EDGAR
system 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

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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.

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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
A$500,000,000 principal amount of Zero Coupon Notes due 2021.

Maturity Date
March 10, 2021.

Interest
The Notes do not bear interest. The Notes are being issued at a substantial

discount to their principal amount at maturity.

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, Australia and elsewhere where it is legal to make
such offers. See "Underwriter".

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 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, including through
Clearstream Banking, société anonyme and Euroclear Bank S.A./N.V., as
operator of the Euroclear System. 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 Australian dollars. See "Description of
Securities--Book-Entry System".

Withholding Tax
The EIB has been advised that under current United States tax law payment

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

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APPLICATION OF PROCEEDS
The net proceeds of A$222,110,000 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 Zero Coupon Notes due 2021 offered hereby (the "Notes") will be issued under a Fiscal Agency Agreement
dated as of January 24, 2001 (the "Fiscal Agency Agreement", as described in the accompanying prospectus),
between the EIB and Citibank, N.A., as Fiscal Agent (the "Fiscal Agent"). The Notes are being offered at a
substantial discount to their principal amount and do not bear any interest. On the maturity date, the EIB will be
obligated to pay the principal amount.
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 the maturity date is a day on which banking institutions are authorized or obligated by law to close in London,
Sydney, New York or in a place of payment, then payment of principal need not be made on 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 London, Sydney, New York or in the place of payment. The payment will
be made with the same force and effect as if made on the maturity date and no additional value shall accrue for the
period from the maturity date to the date of actual payment.
Payment of the principal of the Notes made at the offices of the Fiscal Agent or 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;

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· ensuring that payments of principal 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 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
The principal of the Notes will be paid by the EIB in Australian dollars, subject to a potential conversion into U.S.
dollars for a payment through book-entry system. See "Currency Conversion" below. The EIB may change or
terminate the designation of paying agents from time to time. Payments of principal 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 Australian dollars account maintained by such holder.
The EIB will redeem the Notes on March 10, 2021 at 100% of the principal amount.
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 A$1,000 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.
Event of Default
In the event payment on any Notes is accelerated as a result of an event of default (see "Description of Securities--
Default, Acceleration of Maturity"), the amount due and payable following any such event of default shall be the
present value of the principal amount due on the maturity date discounted back from the maturity date to the date on
which it becomes due and payable (the "Calculation Date") at an annual discount rate equal to the Amortisation
Yield (as defined below).
"Amortisation Yield" is the annual percentage rate as would produce a present value equal to the issue price of the
Notes if its principal amount were discounted back at that rate from the scheduled maturity date to the issue date
using the Day Count Fraction (as defined below). The Amortisation Yield for the Notes shall be 5.519% per annum.
"Day Count Fraction" in relation to any period of time (the "Calculation Period") is Actual/Actual ICMA:

(i) where the Calculation Period is equal to or shorter than the Determination Period (as defined below) during
which it falls, the number of days in the Calculation Period divided by the number of days in such Determination
Period; and

(ii) where the Calculation Period is longer than one Determination Period, the sum of (a) the number of days in
such Calculation Period falling in the Determination Period in which the period begins divided by the number of
days in such Determination Period and (b) the number of days in the period falling in the next Determination
Period divided by the number of days in such next Determination Period.
"Determination Period" means the period from and including March 10 in any year to but excluding March 10 of
the following year.
Further Issues
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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 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.

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Document Outline

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