Obligation Euro Investment Bank 0% ( XS0202290044 ) en EUR

Euro Investment Bank

100 % ⇌

Luxembourg

XS0202290044 ( en EUR )

0%

25/01/2020 - Obligation échue

Prospectus brochure de l'obligation European Investment Bank (EIB) XS0202290044 en EUR 0%, échue

1 000 EUR

1 650 000 000 EUR

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'European Investment Bank (EIB), institution de financement à long terme de l'Union européenne, avait émis, depuis le Luxembourg, une obligation de type "zéro-coupon" identifiée par le code ISIN XS0202290044, représentant une taille totale d'émission de 1 650 000 000 EUR, avec une taille minimale d'achat fixée à 1 000 EUR par titre et libellée en Euros ; cette émission, caractérisée par l'absence de versement d'intérêts périodiques et un remboursement unique à l'échéance, est arrivée à maturité le 25 janvier 2020 et a été intégralement remboursée à sa valeur nominale de 100%.

Final Terms

EUROPEAN INVESTMENT BANK
Debt Issuance Programme

Issue Number: 0759/0400

EUR 150,000,000 EUR-TEC10-CNO Rate Bonds due January 2020
(to be consolidated and forming a single series with the existing EUR 1,000,000,000
EUR-TEC10-CNO Rate Bonds due January 2020 issued on 30 September 2004, with the existing EUR
250,000,000 EUR-TEC10-CNO Rate Bonds due January 2020 issued on 25 January 2005 and with the
existing EUR 250,000,000 EUR-TEC10-CNO Rate Bonds due January 2020 issued on 18 December
2006)

Issue Price: 92.771 per cent.
(plus accrued interest from, and including, 25 January 2007 to, but excluding, 15 February 2007)

IXIS Corporate & Investment Bank

The date of these Final Terms is 13 February 2007

These Final Terms, under which the bonds described herein (the "Bonds") are issued, are
supplemental to, and should be read in conjunction with, the offering circular (the "Offering
Circular") dated 10 May 2006 issued in relation to the Debt Issuance Programme of European
Investment Bank ("EIB"). Terms defined in the Offering Circular have the same meaning in these
Final Terms. The Bonds will be issued on the terms of these Final Terms read together with the terms
and conditions set out in the offering circular dated 19 August 2004.
EIB accepts responsibility for the information contained in these Final Terms which, when read
together with the Offering Circular, contain all information that is material in the context of the issue
of the Bonds.
These Final Terms do not constitute an offer of, or an invitation by or on behalf of anyone to subscribe
or purchase any of, the Bonds.
The statements on page 6 of the Offering Circular regarding structured Bonds are drawn to the
attention of the prospective purchaser of the Bonds. Such purchaser should ensure that it understands
the nature of the terms of the Bonds and the extent of its exposure to risk, and that it considers the
suitability of the Bonds as an investment in the light of its own circumstances and financial condition.
On 29 October 2004 the member states of the European Union signed the "Treaty establishing a
Constitution for Europe" in Rome (the "Constitution Treaty"). The fifth Protocol on the Statute of the
European Investment Bank, as amended by the treaty of accession between the member states of the
European Union and the Republic of Bulgaria and Romania dated 25 April 2005 (the "2005 Accession
Treaty"), contains a revised Statute of EIB, which will become effective when the Constitution Treaty
enters into force in accordance with Article IV-447 of the Constitution Treaty.
On 1 January 2007, the Republic of Bulgaria and Romania became member states of the European
Union.
On accession of the Republic of Bulgaria and Romania, the statute of EIB was amended with respect
to capital and governance in accordance with the 2005 Accession Treaty.
Following the increase, EIB's subscribed capital in EUR is as follows:
Country
EUR

Germany 26,649,532,500
France 26,649,532,500
Italy 26,649,532,500
United Kingdom
26,649,532,500
Spain 15,989,719,500
Belgium 7,387,065,000
Netherlands 7,387,065,000
Sweden 4,900,585,500
Denmark 3,740,283,000
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Issue Number: 0759/0400

Austria 3,666,973,500
Poland 3,411,263,500
Finland 2,106,816,000
Greece 2,003,725,500
Portugal 1,291,287,000
Czech Republic
1,258,785,500
Hungary 1,190,868,500
Ireland 935,070,000
Romania 863,514,500
Slovakia 428,490,500
Slovenia 397,815,000
Bulgaria 290,917,500
Lithuania 249,617,500
Luxembourg 187,015,500
Cyprus 183,382,000
Latvia 152,335,000
Estonia 117,640,000
Malta 69,804,000

Total 164,808,169,000

With respect to the governance of EIB, the number of the directors and alternate directors in the board
of directors has been increased to 28 directors and 18 alternate directors.

3/8
Issue Number: 0759/0400

The terms of the Bonds and additional provisions relating to their issue are as follows:
GENERAL PROVISIONS

1
Issue
Number:
0759/0400 (to be consolidated and forming a single
series with the existing EUR 1,000,000,000
EUR-TEC10-CNO Rate Bonds due January 2020
issued on 30 September 2004, with the existing EUR
250,000,000 EUR-TEC10-CNO Rate Bonds due
January 2020 issued on 25 January 2005 and with the
existing EUR 250,000,000 EUR-TEC10-CNO Rate
Bonds due January 2020 issued on 18 December 2006,
from and including the Issue Date)
2
Security
Codes:

(i)

ISIN:
XS0202290044
(ii)

Common
Code:
020229004
(iii)

CUSIP:
Not
Applicable
(iv)

WKN:
Not
Applicable
3
Specified Currency or Currencies:
Euro ("EUR")
4
Principal Amount of Issue:
EUR 150,000,000
5
Specified
Denomination:
EUR
1,000
6
Issue Date:
15 February 2007
INTEREST PROVISIONS

7
Interest
Type:
Index-Linked
(Further particulars specified below)
8
Interest Commencement Date:
25 January 2007
9
Fixed Rate Provisions:
Not Applicable
10 Floating Rate Provisions:
Not Applicable
11 Zero Coupon Provisions:
Not Applicable
12 Index-Linked
Provisions:
Applicable

(i) Formula/method for calculating The Interest Rate in respect of each Calculation Period

value of rate or amount:
shall be determined by the Calculation Agent in
accordance with the following formula:
[(1+ EUR-TEC10-CNO - 1.00 per cent.) (to the
power of 1/4)-1]
rounded up to the fifth decimal place.
For each Specified Denomination, the coupon is
calculated by multiplying by 1,000 the value
determined in accordance with the first paragraph
above.
The total amount of interest payable to the investor in
euros is calculated by multiplying the coupon payable
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Issue Number: 0759/0400

on each Specified Denomination by the number of
Bonds held by the investor. This amount is then
rounded to 2 decimal places, to the closest euro cent.
In respect of the Interest Payment Date falling on or
nearest to 25 April 2007 the Calculation Agent has
determined the EUR-TEC10-CNO as being 4.10% per
cent yearly compounded (published by Agence France
Trésor on 18 January 2007) and the Interest Rate as
being the quarterly decompounded equivalent of a
yearly rate of 3.10%

(ii) Index:
Where:
"EUR-TEC10-CNO" (Taux de l'Échéance Constante
à 10 ans) means the rate calculated on a daily basis by
the French Comité de Normalisation Obligataire
("CNO") as published by the Agence France Trésor on
the Reuters Screen TRESORTEC10 Page at 10 a.m.
(Paris time) and on the AFT website (www.aft.gouv.fr)
five TARGET Business Days prior to the start of each
Calculation Period. In case of inconsistency between
the quotations published on the Reuters Screen
TRESORTEC10 and the AFT website, the quotation
published on the Reuters Screen TRESORTEC10 shall
prevail.

(iii)
Index Business Day Centre(s):
TARGET
(iv)

Valuation
Date:
Fifth TARGET Business Day prior to the start of each
Calculation Period

(v)
Provisions for determining rate or
If, on any Valuation Date, the EUR-TEC10-CNO rate

amount where calculation by
does not appear on Reuters Screen TRESORTEC10

reference to Index and/or Formula
Page or on the AFT website (or on any successor or

is impossible or impracticable:
replacement page or website), such rate shall be
determined by the Calculation Agent on the basis of
the mid-market prices for each of the two references
OATs (Obligation Assimilable du Trésor) which would
have been used by the CNO for the calculation of the
EUR-TEC10-CNO rate quoted by five Spécialistes en
Valeurs du Trésor (primary dealers in government
securities) at approximately 10.00 a.m. (Paris time) on
the relevant Valuation Date.
The Calculation Agent will request each Spécialistes
en Valeurs du Trésor to provide a quotation of its price.
The EUR-TEC10-CNO rate will be the redemption
yield of the arithmetic mean of such quotations as
determined by the Calculation Agent after disregarding
the highest and lowest such quotations. Such
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Issue Number: 0759/0400

redemption yield shall be determined by the
Calculation Agent in accordance with the formula that
would have been used by the CNO for the
determination of the EUR-TEC10-CNO rate.

(vi)
Interest Period End Date(s):
Interest Payment Dates without adjustment for any
Business Day Convention
(vii)

Interest
Payment
Dates:
25 January, 25 April, 25 July and 25 October in each
year commencing on 25 April 2007, up to, and
including, the Maturity Date subject in each case to
adjustment in accordance with the Business Day
Convention specified below

(viii)
Business Day Convention:
Modified Following
(ix)

Business
Day
Centre(s):
TARGET

(x)
Minimum Interest Rate:
Zero per cent. per annum

(xi)
Maximum Interest Rate:
Not Applicable

(xii)
Day Count Fraction:
Actual/Actual ISMA

(xiii)
Other terms (including fallback
As provided in sub-paragraph (v) above

provisions if not already provided

for) relating to the method of

calculating rates or amounts the

value of which is based upon the

level of the Index:
13 Foreign Exchange Rate Provisions:
Not Applicable
NORMAL REDEMPTION PROVISIONS

14 Redemption Basis:
Redemption at par
15 Redemption Amount:
Principal Amount
16 Maturity Date:
25 January 2020
17 Business Day Convention:
Modified Following
18 Business Day Centre(s):
TARGET
OPTIONS AND EARLY REDEMPTION PROVISIONS
19 Issuer's
Optional
Redemption:
Not
Applicable
20 Bondholders'
Optional
Redemption:
Not
Applicable
21 Redemption Amount payable on Redemption at par
redemption for an Event of Default:

22 Unmatured Coupons to become void upon Yes
early redemption (Bearer Bonds only):
PROVISIONS REGARDING THE FORM OF BONDS
23 Form of Bonds:
Bearer Bonds

Permanent Global Bearer Bond which is exchangeable
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Issue Number: 0759/0400

for Definitive Bonds in the limited circumstances
specified therein
24 Details relating to Partly Paid Bonds:
Not Applicable
25 Details relating to Instalment Bonds:
Not Applicable
26 Redenomination, renominalisation and Not Applicable
reconventioning provisions:
27 Consolidation
provisions:
Not
Applicable
28 Other terms or special conditions:
Not Applicable
DISTRIBUTION PROVISIONS

29 Method of distribution:
Non-Syndicated

(i) If syndicated, names of Managers:
Not Applicable

(ii)
If non-syndicated, name of IXIS Corporate & Investment Bank
Relevant
Dealer:

(iii) Stabilising manager(s) (if any):
Not Applicable
(iv)
Commission(s):
Underwriting commission of 0.10 per cent. of the
Principal Amount of the Bonds being issued
OPERATIONAL INFORMATION AND LISTING
30 Any clearing system(s) other than Not Applicable
Euroclear or Clearstream Banking
Luxembourg and the relevant identification
number(s):
31 Agents appointed in respect of the Bonds:
Fiscal Agent and principal Paying Agent

Citibank, N.A. London
Citigroup Centre
Canada Square, Canary Wharf
London E14 5LB

Paying Agent and Listing Agent

Dexia Banque Internationale à Luxembourg,
société anonyme
69 route d'Esch
L- 2953 Luxembourg

Calculation Agent
IXIS Corporate & Investment Bank
47 quai d'Austerlitz
75648 Paris Cedex 13
France
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Issue Number: 0759/0400

32 Listing:
Luxembourg
33 Governing
law:
Luxembourg

EUROPEAN INVESTMENT BANK:

By:__________________________ By:__________________________

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Issue Number: 0759/0400