Obbligazione European Development Council Bank 0% ( XS2286422071 ) in EUR

Emittente European Development Council Bank
Prezzo di mercato 100 EUR  ⇌ 
Paese  Francia
Codice isin  XS2286422071 ( in EUR )
Tasso d'interesse 0%
Scadenza 20/01/2031 - Obbligazione č scaduto



Prospetto opuscolo dell'obbligazione Council of Europe Development Bank XS2286422071 in EUR 0%, scaduta


Importo minimo 1 000 EUR
Importo totale 1 050 000 000 EUR
Descrizione dettagliata La Banca di Sviluppo del Consiglio d'Europa (CEB) č un'istituzione finanziaria internazionale che finanzia progetti di sviluppo in Europa e nei paesi limitrofi, focalizzandosi su infrastrutture, ambiente ed energia sostenibile.

The Obbligazione issued by European Development Council Bank ( France ) , in EUR, with the ISIN code XS2286422071, pays a coupon of 0% per year.
The coupons are paid 1 time per year and the Obbligazione maturity is 20/01/2031







EXECUTION VERSION
MiFID II investment firms' product governance / Eligible counterparties,
professional investors and retail investors target market ­ Solely for the purposes of
each manufacturer's (which term excludes the Issuer) 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 (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
manufacturers' 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 manufacturers' target market assessment) and for
determining appropriate distribution channels.
Date: 19 February 2021
Pricing Supplement
Series No.:
423
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 0.000 per cent. Notes due 20 January 2031 (the "Notes")
(to be consolidated and form a single series with the Issuer's outstanding EUR
1,000,000,000 0.000 per cent. Notes due 20 January 2031 issued on 19 January
2021 (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 10
December 2020. This Pricing Supplement contains the final terms of the Notes and must
be read in conjunction with such Offering Circular.
1.
Issuer:
Council of Europe Development Bank
2.
(i)
Series Number:
423
(ii)
Tranche Number:
2
3.
Specified Currency or
Euro ("EUR")
Currencies:
4.
Aggregate Nominal Amount:

86321-3-32041-v2.0
- 1 -
UK-0060-New




(i)
Series:
EUR 1,050,000,000
(ii)
Tranche:
EUR 50,000,000
The Notes will be consolidated and form a
single series with the Original Notes
immediately on the Issue Date
5.
(i) Issue Price:
102.157 per cent. of the Aggregate Nominal
Amount of the Tranche plus EUR 0 of
accrued interest from, and including, the
Interest Commencement Date to, but
excluding, the Issue Date
(ii)
Net Proceeds:
EUR 51,078,500 (including accrued interest
amounting to EUR 0)
6.
Specified
EUR 1,000
Denomination/Minimum
Denomination:
7.
(i)
Issue Date:
23 February 2021
(ii)
Interest Commencement 19 January 2021
Date:
8.
Maturity Date:
20 January 2031
9.
Interest Basis:
0.000 per cent. Fixed Rate
(further particulars specified below)
10.
Redemption/Payment Basis:
Redemption at par

11.
Change of Interest or
Not Applicable
Redemption/ Payment Basis:
12.
Optional Early Redemption
Not Applicable
(Put/Call Options):
13.
Status of the Notes:
Senior, unsecured
14.
Listing:
Luxembourg Stock Exchange
15.
Method of distribution:
Non-Syndicated
PROVISIONS RELATING TO INTEREST PAYABLE (IF ANY)
16.
Fixed Rate Note Provisions
Applicable
(i)
Interest Rate(s):
0.000 per cent. per annum payable annually
in arrear
86321-3-32041-v2.0
- 2 -
UK-0060-New




(ii)
Interest Payment
20 January in each year (each, an "Interest

Date(s):
Payment Date") commencing on 20 January
2022.
(iii)
Fixed Coupon
EUR 0.00 per EUR 1,000 in Nominal

Amount(s):
Amount payable on each Interest Payment
Date
(iv)
Day Count Fraction:
Actual/Actual (ICMA)
(v)
Broken Amount(s):
EUR 0.00
(vi)
Other terms relating to
Not Applicable

the method 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 Note of EUR 1,000 Specified
Amount of each Note
Denomination

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:

Temporary Global Note exchangeable for a
Permanent
Global
Note
which
is
exchangeable for Definitive Notes in the
86321-3-32041-v2.0
- 3 -
UK-0060-New




limited circumstances specified in the
Permanent Global Note.
24.
New Global Note form:
Applicable
25.
Relevant Financial Centre(s) or TARGET
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 respect of renominalisation
and/or reconventioning:
30.
Other terms or special
Not Applicable
conditions:
86321-3-32041-v2.0
- 4 -
UK-0060-New




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
Landesbank Baden-Württemberg
Dealer:
Am Hauptbahnhof 2
70173 Stuttgart
Germany
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 D
36.
Additional selling restrictions:
Not Applicable
OPERATIONAL INFORMATION
37.
ISIN:
XS2286422071
38.
Common Code:
228642207
39.
FISN:
See the website of the Association
of National Numbering Agencies (ANNA) or
alternatively sourced from the responsible
National Numbering Agency that assigned
the ISIN
40.
CFI:
See the website of the Association
of National Numbering Agencies (ANNA) or
alternatively sourced from the responsible
National Numbering Agency that assigned
the ISIN
41.
Intended to be held in a manner Yes
which would allow Eurosystem
eligibility:
Note that the designation "Yes" simply
means that the Notes are intended upon issue
to be deposited with one of the ICSDs as
86321-3-32041-v2.0
- 5 -
UK-0060-New




common safekeeper and does not necessarily
mean that the Notes will be recognised as
eligible collateral for Eurosystem monetary
policy and intra-day credit operations by the
Eurosystem either upon issue or at any or all
times during their life. Such recognition will
depend upon the ECB being satisfied that the
Eurosystem eligibility criteria have been met.
42.
Any clearing system(s) other
Not Applicable
than Euroclear Bank SA/NV
and Clearstream Banking S.A.

and the relevant identification
number(s):
43.
Delivery:
Delivery against payment
44.
Additional Paying Agent(s) (if
Not Applicable
any):
GOVERNING LAW
45.
Governing Law:
English law
LISTING APPLICATION
This Pricing Supplement comprises the final terms required for listing on the official list
and admission to trading on the regulated market of the Luxembourg Stock Exchange of
the Notes described herein issued pursuant to the EUR 25,000,000,000 Euro Medium
Term Note Programme of Council of Europe Development Bank.
86321-3-32041-v2.0
- 6 -
UK-0060-New