Obbligazione European Investment Bank (EIB) 0.75% ( US298785JH03 ) in USD

European Investment Bank (EIB)

81.49 USD ▼

Lussemburgo

US298785JH03 ( in USD )

0.75% per anno ( pagato 2 volte l'anno)

22/09/2030

Prospetto opuscolo dell'obbligazione European Investment Bank (EIB) US298785JH03 en USD 0.75%, scadenza 22/09/2030

298785JH0

23/03/2025 ( In 9 giorni )

La Banca Europea per gli Investimenti (BEI) è l'istituzione finanziaria dell'Unione europea che fornisce finanziamenti a lungo termine per progetti di investimento in tutta Europa e nei paesi in via di sviluppo.

The Obbligazione issued by European Investment Bank (EIB) ( Luxembourg ) , in USD, with the ISIN code US298785JH03, pays a coupon of 0.75% per year.
The coupons are paid 2 times per year and the Obbligazione maturity is 22/09/2030

PROSPECTUS SUPPLEMENT
FILED PURSUANT TO RULE 424(B)(5)
REGISTRATION NO. 333-223825
(To Prospectus Dated May 18, 2018)

$1,500,000,000 0.750% Notes Due 2030
_______________________
Interest payable on March 23 and September 23 of each year, commencing March 23, 2021.
_______________________
The 0.750% Notes due 2030 offered hereby (the "Notes") will mature on September 23, 2030. The EIB
will not have the right to redeem the Notes before their scheduled maturity.
_______________________
Application has been made for the Notes to be admitted to the official list of and to trading on the Bourse
de Luxembourg, which is the regulated market of the Luxembourg Stock Exchange.
_______________________
PRICE OF THE NOTES 99.081% AND ACCRUED INTEREST, IF ANY
_______________________
Underwriters
Discounts and
Proceeds to

Price to Public
Commissions
the EIB
Per Note ....................................................................
99.081% 0.175%
98.906%
Total ..........................................................................
$1,486,215,000 $2,625,000
$1,483,590,000
_______________________
The United States Securities and Exchange Commission, state securities regulators, the Luxembourg Stock
Exchange or any foreign governmental agencies have not approved or disapproved these Notes, or determined
if this prospectus supplement or the accompanying prospectus is truthful or complete. Any representation to
the contrary is a criminal offense.
The Underwriters below expect to deliver the Notes to purchasers in book-entry form only, through The
Depository Trust Company ("DTC"), on September 23, 2020.
_______________________
BARCLAYS
BNP PARIBAS
CITIGROUP
RBC CAPITAL MARKETS
_______________________

September 15, 2020

TABLE OF CONTENTS
Prospectus Supplement

Prospectus

Page

Page
Where You Can Find More Information
S-3
About this Prospectus
3
Filings
S-3
Where You Can Find More Information
3
Summary of the Offering
S-6
Forward-Looking Statements
5
Application of Proceeds
S-7
The European Investment Bank 6
Description of Notes
S-7
Use of Proceeds
9
Underwriters
S-10
Description of Securities
10
Validity of the Notes
S-13
Plan of Distribution
17
Experts S-13
Currency Conversions and Foreign Exchange Risks 17
General Information
S-13
Taxation
18

Legal Opinions
24

Experts 24

Enforcement of Civil Liabilities Against the EIB
24

Authorized Representative in the United States
26

You should rely only on the information contained in this prospectus supplement and the accompanying
prospectus. We have not authorized anyone to provide you with information different from that contained in this
prospectus supplement and the accompanying prospectus. We are offering to sell Notes and making offers to buy
Notes only in jurisdictions where offers and sales are permitted. The information contained in this prospectus
supplement and the accompanying prospectus is accurate only as of the date of this prospectus supplement,
regardless of the time of delivery of this prospectus supplement and the accompanying prospectus or any sale of the
Notes.
The information set forth herein, except the information appearing under the heading "Underwriters", is stated
on the authority of the President of the EIB, acting in his duly authorized official capacity as President.
If we use a capitalized term in this prospectus supplement and do not define the term in this document, it is
defined in the accompanying prospectus.
The Notes are offered globally for sale in those jurisdictions in the United States, Canada, Europe, Asia and
elsewhere where it is lawful to make offers. See "Underwriters".
This prospectus supplement and the accompanying prospectus include particulars given in compliance with the
rules governing admission of securities to the official list of and to trading on the Bourse de Luxembourg, which is
the regulated market of the Luxembourg Stock Exchange, for the purpose of giving information with regard to the
EIB. This prospectus supplement and the accompanying prospectus do not constitute a "prospectus supplement" or
"prospectus", respectively, within the meaning of the Luxembourg law of July 16, 2019 on securities prospectuses.
The EIB accepts full responsibility for the accuracy of the information contained in this prospectus supplement and
the accompanying prospectus and confirms, having made all reasonable inquiries, that to the best of its knowledge
and belief there are no other facts the omission of which would make any statement herein or in the prospectus
misleading in any material respect.
We cannot guarantee that listing will be obtained on the Luxembourg Stock Exchange. Inquiries regarding our
listing status on the Luxembourg Stock Exchange should be directed to our Luxembourg listing agent, Banque
Internationale à Luxembourg S.A., 69, Route d'Esch, L-2953 Luxembourg, Grand Duchy of Luxembourg.
The distribution of this prospectus supplement and prospectus and the offering of the Notes in certain
jurisdictions may be restricted by law. Persons into whose possession this prospectus supplement and the prospectus
come should inform themselves about and observe any such restrictions. This prospectus supplement and the
prospectus do not constitute, and may not be used in connection with, an offer or solicitation by anyone in any
jurisdiction in which such offer or solicitation is not authorized or in which the person making such offer or
S-2

solicitation is not qualified to do so or to any person to whom it is unlawful to make such offer or solicitation. See
"Underwriters".
WHERE YOU CAN FIND MORE INFORMATION
The registration statement, including the attached exhibits and schedules, contains additional relevant
information about the Notes. The rules and regulations of the SEC allow us to omit certain information included in
the registration statement from this prospectus.
In addition, we file reports and other information with the SEC under the U.S. Securities Exchange Act of 1934,
as amended. You may read and copy this information at the following location of the SEC:
Public Reference Room
100 F Street, N.E.
Washington, D.C. 20549
You may also obtain copies of this information by mail from the Public Reference Section of the SEC, 100 F
Street, N.E., Washington, D.C. 20549, at prescribed rates. You may obtain information on the operation of the Public
Reference Room by calling the SEC at 1-800-SEC-0330. All filings made after December 15, 2002 are also available
online through the SEC's EDGAR electronic filing system. Access to EDGAR can be found on the SEC's website,
at http://www.sec.gov.
The SEC allows us to "incorporate by reference" information into this prospectus. This means that we can
disclose important information to you by referring you to another document filed separately with the SEC. The
information incorporated by reference is considered to be a part of this prospectus, except for any information that
is superseded by information that is included directly in this document or in incorporated documents of a later date.
This prospectus supplement incorporates by reference the documents listed below that the EIB previously filed
with the SEC. They contain important information about us. All other documents which the EIB previously filed
with the SEC, including those listed under the heading "Where You Can Find More Information" in the
accompanying prospectus, have been superseded by these documents.
FILINGS
Annual Reports on Form 18-K ...................................
·
For the fiscal year ended December 31, 2019, as filed
with the SEC on May 5, 2020 (File No. 001-05001)
·
For the fiscal year ended December 31, 2018, as filed
with the SEC on May 3, 2019 (File No. 001-05001)
Amendments on Form 18-K/A ...................................
·
Amendment No. 1 to the Annual Report on Form 18-

K/A for the fiscal year ended December 31, 2019, as

filed with the SEC on May 19, 2020 (File No. 001-
05001)
·
Amendment No. 2 to the Annual Report on Form 18-
K/A for the fiscal year ended December 31, 2019, as
filed with the SEC on June 9, 2020 (File No. 001-05001)
·
Amendment No. 4 to the Annual Report on Form 18-
K/A for the fiscal year ended December 31, 2019, as
filed with the SEC on August 10, 2020 (File No. 001-
05001)
·
Amendment No. 5 to the Annual Report on Form 18-
K/A for the fiscal year ended December 31, 2019, as
filed with the SEC on August 10, 2020 (File No. 001-
05001)
S-3

·
Amendment No. 1 to the Annual Report on Form 18-
K/A for the fiscal year ended December 31, 2018, as
filed with the SEC on May 16, 2019 (File No. 001-
05001)
·
Amendment No. 3 to the Annual Report on Form 18-
K/A for the fiscal year ended December 31, 2018, as
filed with the SEC on August 6, 2019 (File No. 001-
05001)
·
Amendment No. 4 to the Annual Report on Form 18-
K/A for the fiscal year ended December 31, 2018, as
filed with the SEC on August 27, 2019 (File No. 001-
05001)
·
Amendment No. 5 to the Annual Report on Form 18-
K/A for the fiscal year ended December 31, 2018, as
filed with the SEC on September 5, 2019 (File No. 001-
05001)
·
Amendment No. 6 to the Annual Report on Form 18-
K/A for the fiscal year ended December 31, 2018, as
filed with the SEC on October 9, 2019 (File No. 001-
05001)
·
Amendment No. 7 to the Annual Report on Form 18-
K/A for the fiscal year ended December 31, 2018, as
filed with the SEC on January 14, 2020 (File No. 001-
05001)
·
Amendment No. 8 to the Annual Report on Form 18-
K/A for the fiscal year ended December 31, 2018, as
filed with the SEC on February 3, 2020 (File No. 001-
05001)
·
Amendment No. 9 to the Annual Report on Form 18-
K/A for the fiscal year ended December 31, 2018, as
filed with the SEC on February 11, 2020 (File No. 001-
05001)
·
Amendment No. 10 to the Annual Report on Form 18-
K/A for the fiscal year ended December 31, 2018, as
filed with the SEC on March 2, 2020 (File No. 001-
05001)
·
Amendment No. 11 to the Annual Report on Form 18-
K/A for the fiscal year ended December 31, 2018, as
filed with the SEC on March 4, 2020 (File No. 001-
05001)
·
Amendment No. 12 to the Annual Report on Form 18-
K/A for the fiscal year ended December 31, 2018, as
filed with the SEC on April 15, 2020 (File No. 001-
05001)
·
Amendment No. 13 to the Annual Report on Form 18-
K/A for the fiscal year ended December 31, 2018, as
filed with the SEC on April 23, 2020 (File No. 001-
05001)

The EIB incorporates by reference its Annual Reports filed on Form 18-K, as well as any subsequent
amendments thereto filed on Form 18-K/A to the extent such filings indicate that they are intended to be incorporated
S-4

by reference. Furthermore, the EIB incorporates by reference any other future filings made with the SEC to the
extent such filings indicate that they are intended to be incorporated by reference.

You can obtain any of the documents incorporated by reference in this document through us, or from the SEC.
Documents incorporated by reference are available from us without charge, excluding any exhibits to those
documents incorporated by reference in this prospectus supplement, by requesting them in writing or by telephone
from us at the following address and telephone number:

Capital Markets Department
European Investment Bank
98-100, Boulevard Konrad Adenauer
L-2950 Luxembourg
Grand Duchy of Luxembourg
Telephone: (352) 4379-1

If you request any incorporated documents from us, we will mail them to you by first class mail, or another
equally prompt means, within one business day after we receive your request. This prospectus supplement and the
accompanying prospectus will be published on the website of the Luxembourg Stock Exchange at
http://www.bourse.lu.
S-5

SUMMARY OF THE OFFERING
The following summary is qualified in its entirety by, and should be read in conjunction with, the more detailed
information appearing elsewhere in this prospectus supplement and the prospectus.
Issuer ...............................................
European Investment Bank.
Securities Offered ............................
$1,500,000,000 principal amount of 0.750% Notes due 2030 (the
"Notes").
Maturity Date ..................................
September 23, 2030.
Interest Payment Dates ....................
March 23 and September 23 of each year, commencing March 23, 2021.
Interest Rate ......................................
0.750% per annum.
Redemption ......................................
The Notes are not subject to redemption prior to maturity.
Markets .............................................
The Notes are offered for sale in those jurisdictions in the United States,
Canada, Europe, Asia and elsewhere where it is legal to make such offers.
See "Underwriters".
Listing ..............................................
Application has been made for the Notes to be admitted to the official list
of and to trading on the Bourse de Luxembourg, which is the regulated
market of the Luxembourg Stock Exchange.
Application of Proceeds ..................
The proceeds of the Notes will be allocated to the EIB's lending to
activities contributing substantially to climate change mitigation in line
with evolving EU sustainable finance legislation. See "Application of
Proceeds".
Form, Registration and Settlement ...
The Notes will be represented by the Global Note registered in the name
of Cede & Co. as nominee for DTC. The Global Note will be deposited
with a custodian for DTC. Except as described in this prospectus,
beneficial interests in the Global Note will be represented through
accounts of financial institutions acting on behalf of the beneficial owners
as direct and indirect participants in DTC. Investors may elect to hold
interests in the Global Note through DTC, if they are participants in DTC,
or indirectly through organizations that are participants in DTC. Owners
of beneficial interests in the Global Note will not be entitled to have Notes
registered in their names and will not receive or be entitled to receive
physical delivery of definitive Notes in bearer form. Initial settlement for
the Notes will be made in immediately available funds in dollars. See
"Description of Securities--Book-Entry System" in the accompanying
prospectus.
Withholding Tax ..............................
The EIB has been advised that under current United States tax law
payments of principal of and interest on the Notes may generally be made
by the EIB without withholding or deduction for United States
withholding taxes. For further details with respect to this and relevant
European tax measures, see under the heading "Taxation" in the
accompanying prospectus.

S-6

APPLICATION OF PROCEEDS
The Treaty on European Union aims to establish an internal market that works for the sustainable development
of Europe. Ensuring an appropriate regulatory environment is a priority area of the EU's Capital Markets Union. The
European Commission's Action Plan on "Financing Sustainable Growth" has been designed to help reorient capital
flows towards sustainable investment.
For this purpose, Regulation (EU) 2020/852 of the European Parliament and of the Council of June 18, 2020 on
the establishment of a framework to facilitate sustainable investment (the "EU Taxonomy Regulation") aims to
stimulate companies to measure the impact of their activities on sustainable objectives via the development of a shared
understanding of sustainability. The EU Taxonomy Regulation underlines that the European Union is committed to
the implementation of:
· the United Nations 2030 Agenda for Sustainable Development (the "Agenda"), notably to taking on board
in all actions and policy initiatives the Agenda's Sustainable Development Goals;

· the Paris Climate Agreement (the "Paris Agreement"), notably to making finance flows consistent with a
pathway towards low greenhouse gas emissions.

The task of the EIB is to contribute to the balanced and steady development of the internal market in the interest
of the European Union. In July 2007, in congruence with the EU Energy Action Plan, the EIB issued the first Climate
Awareness Bond (CAB) with a focus on renewable energy and energy efficiency. The goal was to increase
accountability of disbursements via precise eligibility criteria and to provide transparent impact assessment to capital
markets.
With the Notes, the EIB extends the same approach to include renewable energy, energy efficiency and other
activities contributing substantially to climate change mitigation. The EU Taxonomy Regulation states that "an
economic activity shall qualify as contributing substantially to climate change mitigation where that activity
contributes substantially to the stabilisation of greenhouse gas concentrations in the atmosphere at a level which
prevents dangerous anthropogenic interference with the climate system consistent with the long-term temperature goal
of the Paris Agreement".
The proceeds of the Notes will be allocated to the EIB's lending to activities that contribute to this purpose through
the avoidance or reduction of greenhouse gas emissions or the increase of greenhouse gas removals, including through
process innovations or product innovations, in line with evolving EU sustainable finance legislation, including the EU
Taxonomy Regulation, and the related technical expert group conclusions.
Activities and means considered to contribute substantially to climate change mitigation are subject to revision in
the context of EU legislative developments, which include the establishment and update by the European Commission
of the technical screening criteria to determine the conditions for their consideration. Such revisions will not be
notified to any holders of the Notes.
The net proceeds of $1,483,590,000 from the sale of the Notes (which proceeds may be converted into euro) will
be allocated within the EIB's treasury to a sub-portfolio of the operational money market portfolio. So long as the
Notes are outstanding, the balance of the sub-portfolio will be reduced by amounts matching disbursements made to
eligible lending projects. Pending such disbursement, the sub-portfolio will be invested in money market instruments.

DESCRIPTION OF NOTES
The following description of the particular terms of the 0.750% Notes due 2030 offered hereby (the "Notes",
referred to in the accompanying prospectus as the "Securities") supplements, and to the extent, if any, inconsistent
therewith replaces, the description of the general terms and provisions to the Securities set forth in the accompanying
prospectus to which description reference is hereby made. Such descriptions do not purport to be complete and are
qualified in their entirety by reference to the Fiscal Agency Agreement, copies of which are available for inspection
S-7

at the Fiscal Agent's office at Citigroup Centre, Canada Square, Canary Wharf, London E14 5LB, United Kingdom,
and to the form of Global Note filed by the EIB with the SEC.
General
The Notes will be issued under a fiscal agency agreement dated as of May 18, 2018 (the "Fiscal Agency
Agreement", as described in the accompanying prospectus), between the EIB and Citibank, N.A., London Branch, as
fiscal agent (the "Fiscal Agent").
Interest will be paid on the Notes at the rate set forth on the cover page of this prospectus supplement and will be
payable March 23 and September 23 of each year (each, an "Interest Payment Date"), with the initial payment on
March 23, 2021. The Notes will bear interest from September 23, 2020. The Notes are not subject to any sinking fund
or to redemption prior to maturity. Registration or transfer of Notes will be effected without charge to the holders
thereof.
If any Interest Payment Date or the maturity date is a day on which banking institutions are authorized or obligated
by law to close in New York or in a place of payment, then payment of principal or interest need not be made on that
Interest Payment Date or the maturity date. The EIB may make the required payment on the next succeeding day that
is not a day on which banking institutions are authorized or obligated by law to close in New York or in the place of
payment. The payment will be made with the same force and effect as if made on the Interest Payment Date or maturity
date and no additional interest shall accrue for the period from the Interest Payment Date or maturity date to the date
of actual payment.
Payment of the principal of and interest on the Notes made at the offices of the Fiscal Agent or any paying agent
shall be subject in all cases to any fiscal or other laws and regulations applicable thereto. Consequently, neither the
EIB nor any paying agent will make any additional payment in the event of a withholding tax being required in respect
of any payment under or in connection with the Notes. Neither the EIB nor any paying agent shall be liable to any
holder of the Notes or other person for commissions, costs, losses or expenses in relation to or resulting from such
payments. In addition to the Notes, the EIB may issue from time to time other series of securities under the Fiscal
Agency Agreement consisting of notes, bonds, debentures or other unsecured evidences of indebtedness.
The Fiscal Agent will be responsible for:
maintaining a record of the aggregate holdings of Notes;
ensuring that payments of principal and interest in respect of the Notes received by the Fiscal Agent from the
EIB are duly credited to the holders of the Notes; and
transmitting to the EIB any notices from the holders of the Notes.
The Notes shall be governed by, and interpreted in accordance with, the laws of the State of New York, except
with respect to authorization and execution by the EIB which shall be governed by the Statute of the EIB (the
"Statute") set forth in a Protocol annexed to the Treaty on the Functioning of the European Union, as amended or
supplemented from time to time (the "Treaty").
Payment of Principal and Interest
Interest will be payable to the persons in whose names the Notes are registered at the close of business on the date
that is ten calendar days prior to each Interest Payment Date. The principal of and interest on the Notes will be paid
in such coin or currency of the United States as at the time of payment is legal tender for the payment of public and
private debts. The EIB may change or terminate the designation of paying agents from time to time. Payments of
principal and interest at such agencies will be subject to applicable laws and regulations, including any withholding
or other taxes, and will be effected by check, or, under certain circumstances, by transfer to an existing United States
dollar account maintained by such holder with a bank in New York City. Interest will be calculated on the basis of a
360-day year consisting of twelve 30-day months unadjusted.
S-8

The EIB will redeem the Notes on September 23, 2030 at 100% of the principal amount plus accrued but unpaid
interest to date.
The EIB shall have the right at any time to purchase Notes in the open market or otherwise. Any Notes so
purchased may be resold at the EIB's discretion if not surrendered to the Fiscal Agent for cancellation.
The Fiscal Agent is not a trustee for the holders of the Notes and does not have the same responsibilities or duties
to act for such holders as would a trustee.
The Notes will be sold in denominations of $1,000 and integral multiples thereof.
Further Issues
The EIB may from time to time, without notice to or the consent of the holders of the Notes, create and issue
further notes ranking pari passu with the Notes in all respects (or in all respects except for the payment of interest
accruing prior to the issue date of such further notes or except for the first payment of interest following the issue date
of such further notes) and such further notes shall be consolidated and form a single series with the Notes and shall
have the same terms as to status, redemption or otherwise as the Notes.
Notices
All notices will be published in English in London in the Financial Times, in New York in The Wall Street Journal
(Eastern Edition) and, so long as any of the Notes are listed on the Luxembourg Stock Exchange and the rules of that
Exchange so require, on the website of the Luxembourg Stock Exchange at http://www.bourse.lu. If at any time
publication in any such newspaper is not practicable, notices will be valid if published in an English language
newspaper with general circulation in the respective market regions as determined by the EIB. Any such notice shall
be deemed to have been given on the date of such publication or, if published more than once on different dates, on
the first date on which publication is made.
Regarding the Fiscal Agent
Citibank, N.A., London Branch will be acting in its capacity as Fiscal Agent through its office located at Citigroup
Centre, Canada Square, Canary Wharf, London E14 5LB, United Kingdom.

S-9

UNDERWRITERS
Under the terms and subject to the conditions set forth in the underwriting agreement dated September 15, 2020
(the "Underwriting Agreement"), the underwriters named below (the "Underwriters") have severally agreed to
purchase, and the EIB has agreed to sell to them, severally, the respective principal amount of the Notes set forth
opposite their respective names below:
Principal Amount
Name
of Notes
Barclays Bank PLC ................................................................................
$375,000,000
BNP Paribas ............................................................................................
$375,000,000
Citigroup Global Markets Limited .........................................................
$375,000,000
RBC Capital Markets, LLC ....................................................................
$375,000,000

$1,500,000,000

The Underwriting Agreement provides that the obligations of the Underwriters to pay for and accept delivery of
the Notes are subject to, among other things, the approval of certain legal matters by their counsel and certain other
conditions. The Underwriters are obligated to take and pay for all the Notes if any are taken.
The Underwriters propose initially to offer the Notes to the public at the public offering price set forth on the
cover page of this prospectus supplement.
In order to facilitate the offering of the Notes, Barclays Bank PLC (or any person acting for it) as lead stabilization
agent (the "Lead Stabilization Agent") may over-allot the Notes or effect transactions with a view to supporting the
market price of the Notes at a level higher than that which might otherwise prevail. However, there is no assurance
that the Lead Stabilization Agent (or any person acting for it) will undertake stabilization action. Any stabilization
action may begin on or after the date on which adequate public disclosure of the terms of the offer of the Notes is
made and, if begun, may be ended at any time, but it must end no later than the earlier of 30 days after the issue date
of the Notes and 60 days after the date of allotment of the Notes. Any stabilization action or over-allotment of the
Notes must be conducted by the Lead Stabilization Agent (or any person acting for it) in accordance with all applicable
laws and rules.
Certain of the Underwriters and their affiliates engage in transactions with, and perform services for, the EIB in
the ordinary course of business and have engaged, and may in the future engage, in commercial banking and
investment transactions with the EIB. In addition, as a result of upfront payments that may be made by certain of the
Underwriters in connection with some of the costs incurred by the EIB in relation to issuance of the Notes, the actual
net amounts received by such Underwriters may be lower than the Underwriters' discounts and commissions set forth
in this prospectus supplement.
The Notes are offered for sale in those jurisdictions in the United States, Canada, Europe, Asia and elsewhere
where it is lawful to make such offers.
Each of the Underwriters has represented and agreed that it and each of its affiliates has not and will not offer,
sell or deliver any of the Notes directly or indirectly, or distribute this prospectus supplement or the prospectus or any
other offering material relating to the Notes, in or from any jurisdiction except under circumstances that will result in
compliance with the applicable laws and regulations thereof and that will not impose any obligations on the EIB except
as set forth in the Underwriting Agreement.
In particular, each Underwriter has represented and agreed that:
(i) it and each of its affiliates has only communicated or caused to be communicated and will only
communicate or cause to be communicated any invitation or inducement to engage in investment activity (within
the meaning of section 21 of the Financial Services and Markets Act 2000 (the "FSMA")) received by it in
S-10