Commentary & Deal Flow

Launched: 15yr: CHF 200m @ SARON MS+25bp
IPTs: 15yr: SARON MS+25a

• Issuer: European Investment Bank
• Ticker: EIB
• Issuer Domicile: Supranational
• Format: Public Fixed Rate Sustainable Bonds
• Status: Senior unsecured debt
• Issuer Rating: Aaa/AAA/AAA/AAA (Moody's/S&P/Fitch/Scope)
• Size: CHF 200m
• Coupon: 1.115% p.a. (indicative)
• Maturity: 15 years (06-Aug-26 until 06-Aug-41)
• Spread: SARON MS+25bp
• Lead Manager(s): UBS
• SNB Repo-eligibility: At the discretion of the SNB, expected yes (HQLA: Level 1)
• Documentation: Off the Issuer's Debt Issuance Programme dated 28-Nov-25, as supplemented from time to time
• FinSA Prospectus: None: Exemption pursuant to Article 37(1) (h.) FinSA
• Governing Law: English
• Covenants: PP
• Listing: SIX on 04-Aug-26
• Denomination: CHF 200'000
• 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
• Sales Restrictions: USA, US Persons, Japan, Singapore, UK
• Timing: Today's business, books can close at short notice