Obligation Euro Investment Bank 2.95% ( XS0465397619 ) en SEK

Euro Investment Bank

100 % ⇌

Luxembourg

XS0465397619 ( en SEK )

2.95% par an ( paiement annuel )

17/02/2015 - Obligation échue

Prospectus brochure de l'obligation European Investment Bank (EIB) XS0465397619 en SEK 2.95%, échue

1 000 000 SEK

2 400 000 000 SEK

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 SEK, avec le code ISIN XS0465397619, paye un coupon de 2.95% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 17/02/2015

Final Terms

EUROPEAN INVESTMENT BANK
Debt Issuance Programme

Issue Number: 1644/0100

SEK 1,700,000,000 2.95 per cent. Bonds due 17th February, 2015

Issue Price: 99.888 per cent.

Swedbank

The date of these Final Terms is 13th November, 2009

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 10th 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
Offering Circular.
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.
On 13th December, 2007 the member states of the European Union signed the "Treaty amending
the Treaty on European Union and the Treaty Establishing the European Community" in Lisbon
(the Reform Treaty). A protocol annexed to the Reform Treaty amends the Statute of the
European Investment Bank and is expressed to become effective upon entry into force of the
Reform Treaty in accordance with Article 6 (Final Provisions) of the Reform Treaty.
In support of the economic stimulus package recently launched by the EU governments in tandem
with the European Commission the EIB Group expects to increase its lending activities by up to
around EUR 30 billion in total for the years 2009 and 2010 combined. The increase should serve
to finance projects in the energy sector, infrastructure sector, climate change related projects as
well as in providing funds to small and medium size entities (SMEs). The EIB engages in SME
financing in cooperation with commercial banks, which act as intermediaries channelling EIB
funding to SMEs. Lending exposure to bank counterparts is generally secured and subject to limits
within EIB's overall sector and counterpart limits in order to ensure a diversified and balanced
portfolio. EIB closely follows publicly available news and, in particular, changes in external rating
movements, and will, in particular, continue to monitor the concentration risk stemming from the
EIB's exposure to individual financial institutions including commercial banks.
On 30th March, 2009 the Board of Governors decided unanimously that the additional reserves of
the EIB in the amount of EUR 5,379,241,000 shall be considered as free reserves and that of the
free reserves, EUR 2,000,000,000 shall be transferred to a dedicated reserve to support structured
finance facility and similar undertakings.
With effect from 1st April, 2009, the Board of Governors decided unanimously (i) to increase the
subscribed capital of the EIB to EUR 232,392,989,000. The share of the member states in the
subscribed capital as of 1st April, 2009 is set out in the table below:

Country EUR

Germany 37,578,019,000
France 37,578,019,000
Italy 37,578,019,000
United Kingdom
37,578,019,000
Spain 22,546,811,500
Netherlands 10,416,365,500
Belgium 10,416,365,500
Sweden 6,910,226,000
Denmark 5,274,105,000
Austria 5,170,732,500
Poland 4,810,160,500
Finland 2,970,783,000
Greece 2,825,416,500
Portugal 1,820,820,000
Issue Number: 1644/0100
2

Czech Republic
1,774,990,500
Hungary 1,679,222,000
Ireland 1,318,525,000
Romania 1,217,626,000
Slovak Republic
604,206,500
Slovenia 560,951,500
Bulgaria 410,217,500
Lithuania 351,981,000
Luxembourg 263,707,000
Cyprus 258,583,500
Latvia 214,805,000
Estonia 165,882,000
Malta 98,429,500

and (ii) that of the free reserves, EUR 3,379,241,000 shall be transformed into paid-in capital by
way of transfer from the EIB's additional reserves to its capital.
The financing of sustainable, competitive and secure energy is one of the core objectives of EIB.
EIB has financed renewable energy projects in an amount of over EUR 6 billion in the last five
years. The Bank has also set a target that at least 20 per cent. of energy projects in the European
Union should cover renewable sectors. EIB's 2009 to 2011 Corporate Operational Plan states that
EIB will step up its support to renewable energy and energy efficiency outside the European Union
and will be active in promoting the energy efficiency of buildings across projects, including those
involving social housing, hospitals, schools, and other public buildings.
Future lending projects in the fields of renewable energy and energy efficiency include, but are not
limited to:
- renewable energy projects such as wind, hydro, solar and geothermal production; and
- energy efficiency projects such as district heating, co-generation, building insulation, energy loss
reduction in transmission and distribution and equipment replacement with energy efficiency
improvements of 20 per cent. or more.
The above are merely current targets. Revisions of such targets will not be notified to
Bondholders. No undertaking is given that such targets will be met.
The net proceeds of the issue of the Bonds (which proceeds may be converted into euro) will be
allocated within EIB's treasury to a sub-portfolio of the operational money market portfolio. So
long as the Bonds are outstanding, the balance of the sub-portfolio will be reduced, at the end of
each quarter, by amounts matching disbursements made during the quarter to future lending
projects within the fields of renewable energy and energy efficiency. Pending such disbursement,
the sub-portfolio will be invested in money market instruments.
Issue Number: 1644/0100
3

The terms of the Bonds and additional provisions relating to their issue are as follows:
GENERAL PROVISIONS
1
Issue Number:
1644/0100
2
Security Codes:

(i)
ISIN:
XS0465397619

(ii)
Common
Code:
046539761
3
Currency or Currencies:
Swedish Kronor (SEK)
4
Principal Amount of Issue:
SEK 1,700,000,000
5
Specified Denominations:
SEK 1,000,000
6
Issue Date:
17th November, 2009
INTEREST PROVISIONS

7
Interest Type:
Fixed Rate
(further particulars specified below)
8
Interest Commencement Date:
Issue Date
9
Fixed Rate Provisions:
Applicable

(i)
Interest Rate:
2.95 per cent. per annum

(ii) Interest
Period
End
Date(s):
The dates that would be Interest
Payment Dates but without adjustment
for any Business Day Convention

(iii) Interest
Payment
Date(s):
17th February in each year
commencing 17th February, 2010, up
to, and including, the Maturity Date
subject in each case to adjustment in
accordance with the Business Day
Convention specified below. There
will be a short first interest period
from and including the Interest
Commencement Date to but excluding
17th February, 2010

(iv)
Business Day Convention:
Following

(v)
Interest Amount(s):
SEK 29,500 per SEK 1,000,000 in
principal amount

(vi)
Broken Amount:
In respect of the first interest period:
SEK 7,375 per SEK 1,000,000 in
principal amount

(vii)
Day Count Fraction:
30E/360
Issue Number: 1644/0100
4

(viii) Business Day Centre(s):
Stockholm ,London and TARGET

(ix)
Other terms relating to the method of
Not Applicable
calculating interest for Fixed Rate Bonds:
10
Floating Rate Provisions
Not Applicable
11
Zero Coupon Provisions:
Not Applicable
12
Index-Linked Provisions:
Not Applicable
13
Foreign Exchange Rate Provisions:
Not Applicable
NORMAL REDEMPTION PROVISIONS
14
Redemption Basis:
Redemption at par
15
Redemption Amount:
Principal Amount
16
Maturity Date:
17th February, 2015
17
Business Day Centre(s):
Stockholm, London and TARGET
OPTIONS AND EARLY REDEMPTION PROVISIONS
18
Issuer's Optional Redemption:
Not Applicable
19
Bondholder's Optional Redemption:
Not Applicable
20
Redemption Amount payable on redemption for an
Redemption at par
Event of Default:
21
Unmatured Coupons to become void upon early
No
redemption (Bearer Bonds only):
PROVISIONS REGARDING THE FORM OF BONDS
22
Form of Bonds:
Bearer Bonds

Permanent Global Bearer Bond which
is exchangeable for Definitive Bonds
in the limited circumstances specified
in the permanent Global Bearer Bond
23
Details relating to Partly Paid Bonds:
Not Applicable
24
Details relating to Instalment Bonds:
Not Applicable
25
Redenomination, renominalisation and
Not Applicable
reconventioning provisions:
26
Consolidation provisions:
Not Applicable
27
Other terms or special conditions:
Not Applicable
DISTRIBUTION PROVISIONS
28
Method of distribution:
Non-Syndicated

(i)
If syndicated, names of Managers:
Not Applicable
Issue Number: 1644/0100
5

(ii)
If non-syndicated, name of Relevant Dealer: Swedbank AB (publ)

(iii)
Stabilising manager (if any):
Not Applicable
(iv)
Commission:
Combined
management
and
underwriting commission of 0.15 per
cent. of the principal amount of the
Bonds
OPERATIONAL INFORMATION AND LISTING
29
Any clearing system(s) other than Euroclear or
Not Applicable
Clearstream Banking Luxembourg and the relevant

identification number(s):
30
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
31
Listing:
Luxembourg
32
Governing law:
English
EUROPEAN INVESTMENT BANK:

By:

By:

0087518-0000013 ICM:9399122.2
Issue Number: 1644/0100
6