Commentary & Deal Flow

Guidance: 6yr: SONIA DM+36a

• Issuer: European Investment Bank (Ticker: EIB)
• Ratings: Aaa/AAA/AAA/AAA (Moody's/S&P/Fitch/Scope)
• Format: Reg S Bearer
• Ranking: Senior, Unsecured
• Size: £1bn
• Settlement: 27-Apr-26 (T+8)
• Maturity: 27-Jan-32 (6Y)
• Coupon: FRN, SONIA +[36]bps, Quarterly, Act/365F
• SONIA Convention: SONIA Index where SONIA Index Start and SONIA Index End will be 5 days prior to Interest Periods Start/End
• Guidance: SONIA DM +36bps area
• Denominations: 1k + 1k
• Docs: EMTN Programme
• Listing: Luxembourg
• Leads: BMO / NatWest / TD (B&D)
• Target Market: The manufacturer target markets (MIFID II and UK MiFIR product governance) as assessed by the lead managers are Retail / Professional / Eligible Counterparties (all distribution channels)
• Schedule: Books open, today's business
• Use of Proceeds: The proceeds of the Bond will be allocated to EIB's lending to activities contributing to sustainability objectives in line with evolving EU sustainable finance legislation. Pending disbursements, the proceeds will be invested in money market instruments.