Obligation Euro Investment Bank 0.08375% ( XS1090019370 ) en ZAR

Euro Investment Bank

100 % ⇌

Luxembourg

XS1090019370 ( en ZAR )

0.08375% par an ( paiement annuel )

29/07/2022 - Obligation échue

Prospectus brochure de l'obligation European Investment Bank XS1090019370 en ZAR 0.08375%, échue

5 000 ZAR

4 000 000 000 ZAR

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 ZAR, avec le code ISIN XS1090019370, paye un coupon de 0.08375% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 29/07/2022

CONFORMED COPY
Final Terms
EUROPEAN INVESTMENT BANK
Debt Issuance Programme
Issue Number: 2129/0800
ZAR 750,000,000 8.375 per cent. Bonds due 29th July, 2022
(to be consolidated and form a single series with the existing ZAR 3,250,000,000 8.375 per cent.
Bonds due 29th July, 2022 issued in six tranches on 29th July, 2014,
11th August, 2014, 3rd March, 2015, 25th August, 2017, 10th November, 2017 and
11th January, 2019)
Issue Price: 104.125 per cent.
(plus 221 days accrued interest from, and including, 29th July, 2018 to, but excluding,
7th March, 2019)
HSBC
TD Securities
The date of these Final Terms is 5th March, 2019

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
8th December, 2014 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 22nd September, 2010.
EIB accepts responsibility for the information contained in these Final Terms which, when read together
with the Offering Circular and the offering circular dated 22nd September, 2010, 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.
In preparation for a withdrawal of the United Kingdom from the EU, which will result in the
termination of its membership of the European Investment Bank, the EIB's Board of Directors proposed
a number of measures to the EIB's Board of Governors. Some of these measures will require an
amendment to the EIB Statute.
With respect to the EIB's subscribed capital, the Board of Directors proposed to the Board of Governors
to replace the UK capital share by a pro-rata capital increase of the remaining EU Member States. The
paid-in part of that capital increase will be financed out of the EIB's reserves. This capital increase
would be effective as of the withdrawal of the United Kingdom from the EU, which is expected to take
place in March 2019. In addition, the Board of Directors proposed to the Board of Governors to further
increase the capital subscribed by Poland and Romania by EUR 5,386,000,000 and EUR 125,452,381,
respectively. The Board of Governors' decision on all the foregoing proposals is pending.
The Board of Directors also proposed to the Board of Governors to approve several amendments to the
EIB Statute. These amendments include the removal of references to the United Kingdom in the EIB
Statute, reflecting the termination of UK membership of the EIB. In addition, several changes to
governance provisions were proposed, including an increase of the number of alternate members of the
Board of Directors and the introduction of qualified majority voting with respect to certain governance
matters. If approved by the Board of Governors, the proposed amendments would need to be approved
by the Council of the European Union, after consultation with the European Commission and the
European Parliament, which may take place in the course of 2019.
The EIB does not fall under the scope of application of the MiFID II package. Consequently, the EIB
does not qualify as an "investment firm", "manufacturer" or "distributor" for the purposes of MiFID II.
Solely for the purposes of each manufacturer's product approval process, the target market assessment in
respect of the Bonds has led to the conclusion that: (i) the target market for the Bonds is eligible
counterparties, professional clients and retail clients, each as defined in MiFID II; and (ii) all channels
for distribution of the Bonds are appropriate, subject to the distributor's suitability and appropriateness
obligations under MiFID II, as applicable. Any person subsequently offering, selling or recommending
the Bonds (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 Bonds (by either adopting or refining the manufacturers' target market
assessment) and determining appropriate distribution channels, subject to the distributor's suitability and
appropriateness obligations under MiFID II, as applicable.
Issue Number: 2129/0800
2

For the purposes of this provision, the expression manufacturer means any Manager that is a
manufacturer under MiFID II and the expression MiFID II means Directive 2014/65/EU, as amended.
Issue Number: 2129/0800
3

The terms of the Bonds and additional provisions relating to their issue are as follows:
GENERAL PROVISIONS
1
Issue Number:
2129/0800 (to be consolidated and form a single
series with the existing ZAR 3,250,000,000 8.375
per cent. Bonds due 29th July, 2022 issued in six
tranches on 29th July, 2014, 11th August, 2014,
3rd March, 2015, 25th August, 2017,
10th November, 2017 and 11th January, 2019
from and including the Issue Date)
2
Security Codes:
(i) ISIN:
XS1090019370
(ii) Common Code:
109001937
3
Specified Currency or Currencies:
South African Rand (ZAR)
4
Principal Amount of Issue:
ZAR 750,000,000
5
Specified Denomination:
ZAR 5,000
6
Issue Date:
7th March, 2019
INTEREST PROVISIONS
7
Interest Type:
Fixed Rate
(Further particulars specified below)
8
Interest Commencement Date:
29th July, 2018
9
Fixed Rate Provisions:
Applicable
(i)
Interest Rate(s):
8.375 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):
29th
July
in
each
year
commencing
29th July, 2019, up to, and including, the
Maturity Date subject in each case to adjustment
in accordance with the Business Day Convention
specified below
(iv)
Business Day Convention:
Following
(v)
Interest Amount:
ZAR 418.75 per ZAR 5,000 in principal amount
(vi)
Broken Amount:
Not Applicable
(vii) Day Count Fraction:
Actual/Actual - ICMA
(viii) Business Day Centre(s):
Johannesburg, London and TARGET
Issue Number: 2129/0800
4

(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:
29th July, 2022
17
Business Day Convention:
Following
18
Business Day Centre(s):
Johannesburg, London and TARGET
OPTIONS AND EARLY REDEMPTION PROVISIONS
19
Unmatured Coupons to become void upon early
No
redemption (Bearer Bonds only):
20
Issuers Optional Redemption:
Not Applicable
21
Bondholders Optional Redemption:
Not Applicable
22
Redemption Amount payable on redemption for
Redemption at par
an Event of Default:
PROVISIONS REGARDING THE FORM OF BONDS
23
Form of Bonds:
Bearer Bonds
Permanent Global Bond which is exchangeable
for Definitive Bonds in the limited circumstances
specified therein
24
New Global Note:
No
25
Intended to be held in a manner which would
No
allow Eurosystem eligibility:
26
Details relating to Partly Paid Bonds:
Not Applicable
27
Details relating to Instalment Bonds:
Not Applicable
28
Redenomination, renominalisation and
Not Applicable
reconventioning provisions:
29
Consolidation provisions:
Not Applicable
30
Other terms or special conditions:
Not Applicable
Issue Number: 2129/0800
5

DISTRIBUTION PROVISIONS
31
Method of distribution:
Syndicated
(i) If syndicated, names of Managers:
HSBC Bank plc
The Toronto-Dominion Bank
(ii) If non-syndicated, name of Relevant Dealer:
Not Applicable
(iii) Stabilising manager(s) (if any):
Not Applicable
(iv) Commission(s):
Combined
management
and
underwriting
commission of 0.1875 per cent. of the Principal
Amount of the Bonds being issued and selling
commission of 1.1875 per cent. of the Principal
Amount of the Bonds being issued
OPERATIONAL INFORMATION AND LISTING
32
Any clearing system(s) other than Euroclear Not Applicable
Bank SA/NV (Euroclear) or Clearstream
Banking S.A. (Clearstream, Luxembourg) and
the relevant identification number(s):
33
Agents appointed in respect of the Bonds:
Fiscal Agent and principal Paying Agent
Citibank, N.A., London Branch
13th Floor, Citigroup Centre
Canada Square
Canary Wharf
London E14 5LB
Paying Agent and Listing Agent
Banque Internationale à Luxembourg S.A.
69, route d'Esch
L-2953 Luxembourg
34
Listing:
Luxembourg
35
Governing law:
English
EUROPEAN INVESTMENT BANK:
By: CARLOS FERREIRA DA SILVA
By: JANETTE BRANDON
Issue Number: 2129/0800
6