(IN BRIEF) The European Investment Bank (EIB) has successfully issued a new EUR 3 billion 15-year EARN bond, set to mature on February 15, 2039. The bond offers an annual coupon of 3% and was priced at 99.072%. With demand exceeding EUR 45 billion, the EIB’s funding program for 2024 has seen substantial progress, accounting for 26.2% of its EUR 60 billion target. Notably, the bond attracted a diverse range of investors, including bank treasuries, fund managers, central banks, and official institutions, with strong interest from Germany, France, and the United Kingdom, among others.
(PRESS RELEASE) LUXEMBOURG, 31-Jan-2024— /EuropaWire/ — Any person who offers or sells securities issued by EIB has the responsibility of acting in accordance with all applicable laws and regulations including selling restrictions and rules regarding suitability of investments. The fact that information about a particular issue of securities is given on this web site does not mean that those securities are permitted investments under such laws and regulations.
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SOURCE: European Investment Bank
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