Obbligazione European Development Council Bank 0.75% ( XS1756716764 ) in EUR

Emittente European Development Council Bank
Prezzo di mercato 100 EUR  ⇌ 
Paese  Francia
Codice isin  XS1756716764 ( in EUR )
Tasso d'interesse 0.75% per anno ( pagato 1 volta l'anno)
Scadenza 24/01/2028 - Obbligazione è scaduto



Prospetto opuscolo dell'obbligazione Council of Europe Development Bank XS1756716764 in EUR 0.75%, scaduta


Importo minimo 1 000 EUR
Importo totale 1 500 000 000 EUR
Descrizione dettagliata La Banca di Sviluppo del Consiglio d'Europa (CEB) è un'istituzione finanziaria internazionale che finanzia progetti di sviluppo in Europa e nei paesi limitrofi, focalizzandosi su infrastrutture, ambiente ed energia sostenibile.

L'obbligazione con codice ISIN XS1756716764, emessa in Francia dalla Banca di Sviluppo del Consiglio d'Europa (CEB) ? istituzione finanziaria multilaterale e braccio finanziario del Consiglio d'Europa dedita al finanziamento di progetti sociali nei suoi stati membri per rafforzare la coesione e il benessere ? è giunta a scadenza il 24 gennaio 2028 ed è stata integralmente rimborsata al 100% del suo valore nominale, concludendo così il ciclo di vita di un'emissione da 1.500.000.000 EUR denominata in Euro, che prevedeva un tasso d'interesse annuale dello 0,75% e un taglio minimo d'acquisto di 1.000 EUR.







EXECUTION VERSION
MiFID II investment firms' product governance / Eligible counterparties, professional
investors and retail investors target market ­ Solely for the purposes of the manufacturer's
(which term excludes the Issuer) product approval process, the target market assessment in
respect of the Notes taking into account the five categories referred to in item 18 of the
Guidelines published by the European Securities and Markets Authority on 5 February 2018
has led to the conclusion that: (i) the target market for the Notes is eligible counterparties,
professional clients and (in jurisdictions where the applicable selling restrictions in the Offering
Circular allow this) retail clients, each as defined in Directive 2014/65/EU (as amended,
"MiFID II") and (ii) all channels for distribution of the Notes are appropriate. Any person
subsequently offering, 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 for
determining appropriate distribution channels.
Date: 13 October 2020
Pricing Supplement
Series No.:
407
Tranche No.: 2
Council of Europe Development Bank
Legal Entity Identifier (LEI): 549300UYNXMI821WYG82
EUR 25,000,000,000
EURO MEDIUM TERM NOTE PROGRAMME
Issue of EUR 50,000,000 0.750 per cent. Notes due 24 January 2028 ("the Notes")

(to be consolidated and form a single series with the Issuer's outstanding
EUR 1,000,000,000 0.750 per cent. Notes due 24 January 2028 issued on 24 January
2018 (the "Original Notes"))

This document constitutes the Pricing Supplement relating to the issue of Notes described
herein. Terms used herein shall be deemed to be defined as such for the purposes of the Terms
and Conditions (the "Conditions") set forth in the Offering Circular dated 15 November 2016.
This Pricing Supplement contains the final terms of the Notes and must be read in conjunction
with the Offering Circular dated 12 December 2018, save in respect of the Conditions which
are extracted from the Offering Circular dated 15 November 2016.
1.
Issuer:
Council of Europe Development Bank
2.
(i)
Series Number:
407

(ii)
Tranche Number:
2
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The Notes will be consolidated and form a single
series with the Original Notes immediately on
the Issue Date
3.
Specified Currency or Currencies: Euro ("EUR")
4.
Aggregate Nominal Amount:


(i)
Series:
EUR 1,050,000,000

(ii)
Tranche:
EUR 50,000,000
5.
(i)
Issue Price:
108.627 per cent. of the Aggregate Nominal
Amount of the Tranche plus EUR 271,516.39 of
accrued interest from, and including, the Interest
Commencement Date to, but excluding, the Issue
Date.

(ii)
Net Proceeds:
EUR 54,585,016.39 (including accrued interest
amounting to EUR 271,516.39).
6.
Specified Denomination/Minimum EUR 1,000
Denomination:
7.
(i)
Issue Date:
15 October 2020

(ii)
Interest Commencement
24 January 2020


Date:
8.
Maturity Date:
24 January 2028
9.
Interest Basis:
0.750 per cent. Fixed Rate
(further particulars specified below)
10.
Redemption/Payment Basis:
Redemption at par

11.
Change of Interest or Redemption/ Not Applicable
Payment Basis:
12.
Optional Early Redemption
Not Applicable
(Put/Call Options):
13.
Status of the Notes:
Senior
14.
Listing:
Luxembourg Stock Exchange
15.
Method of distribution:
Non-Syndicated
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
16.
Fixed Rate Note Provisions
Applicable
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(i)
Interest Rate(s):
0.750 per cent. per annum payable annually in
arrear
(ii)
Interest Payment Date(s):
24 January in each year (each, an "Interest
Payment Date"), with the first Interest Payment
Date being 24 January 2021, all adjusted for
payment purposes only in accordance with the
Following Business Day Convention. No
adjustments will be made to the Fixed Coupon
Amount.
(iii)
Fixed Coupon Amount(s):
EUR 7.50 per EUR 1,000 in Nominal Amount
payable on each Interest Payment Date
(iv)
Day Count Fraction:
Actual/Actual (ICMA)
(v)
Broken Amount(s):
Not Applicable
(vi)
Other terms relating to the method
Not Applicable
of calculating interest for Fixed

Rate Notes:
17.
Floating Rate Note Provisions
Not Applicable
18.
Non-Interest Bearing Note
Not Applicable

Provisions

PROVISIONS RELATING TO REDEMPTION
19.
Call Option
Not Applicable
20.
Put Option
Not Applicable
21.
Maturity Redemption
EUR 1,000 per EUR 1,000 Specified Denomination
Amount of each Note
22.
Early Termination
Condition 7.2 applies
Amount(s)
Early Termination Amount(s)
of each Note payable on
redemption for an event of
default and/or the method of
calculating the same (if
required or if different from
that set out in the Conditions):
GENERAL PROVISIONS APPLICABLE TO THE NOTES
23.
Form of Notes:
Bearer Notes:
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Permanent Global Note exchangeable for Definitive
Notes in the limited circumstances specified in the
Permanent Global Note
24.
New Global Note form:
Applicable
25.
Relevant Financial Centre(s)
TARGET
or other special provisions
relating to Payment Dates:
26.
Talons for future Coupons or
Not Applicable
Receipts to be attached to
Definitive Notes (and dates
on which such Talons
mature):
27.
Details relating to Partly Paid
Not Applicable
Notes: amount of each
payment comprising the Issue
Price and date on which each
payment is to be made and
consequences (if any) of
failure to pay, including any
right of the Issuer to forfeit
the Notes and interest due on
late payment:
28.
Details relating to Instalment
Not Applicable
Notes: amount of each
instalment, date on which
each payment is to be made:
29.
In the case of Notes
Not Applicable
denominated in the currency
of a country that subsequently
adopts the Euro in accordance
with the Treaty establishing
the European Community, as
amended by the Treaty on the
European Union, whether the
Notes will include a
redenomination clause
providing for the
redenomination of the
Specified Currency in Euro (a
"Redenomination Clause"),
and, if so specified, the
wording of the
Redenomination Clause in
full and any wording in
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respect of renominalisation
and/or reconventioning:
30.
Other terms or special
Not Applicable
conditions:
31.
Payment of U.S. Dollar
Not Applicable
Equivalent in the event of
Inconvertibility, Non-
transferability or Illiquidity:
32.
RMB Calculation Agent:
Not Applicable
DISTRIBUTION

33.
(i)
If syndicated, names of Not Applicable
Manager(s):

(ii)
Stabilising Manager (if Not Applicable
any):
34.
If non-syndicated, name of BofA Securities Europe SA
Dealer:
51 rue La Boétie
75008 Paris
35.
U.S. selling restrictions:
The Issuer falls under category 2 for the purposes of
Regulation S under the United States Securities Act
of 1933, as amended.
TEFRA C
36.
Additional selling restrictions: Not applicable
OPERATIONAL INFORMATION
37.
ISIN:
XS1756716764
38.
Common Code:
175671676
39.
FISN:
As set out on the website of the Association of
National Numbering Agencies
40.
CFI:
As set out on the website of the Association of
National Numbering Agencies
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