Commentary & Deal Flow

Reoffer: 6yr: MS+35bp / 99.914 / 5.142%

Benchmark: 6yr: UKT 4 1/4 06-Jul-32 @ 96.357 / B+7.9bp / HR 109%

Tranche 1 (6yr): Final books closed in excess of £1.5bn (incl. £50m JLM)

Launched: 6yr: £500m @ MS+35bp - Books over £1.45bn (excl. JLM)

Spread set at: 6yr: MS+35bp - Books over £1.45bn (excl. JLM)

Guidance: 6yr: MS+36a

• Issuer: European Investment Bank (Ticker: EIB)
• Ratings: Aaa / AAA / AAA / AAA (Moody's/S&P/Fitch/Scope, all stable)
• Format: Senior, Unsecured, Reg S Bearer
• Size: £500m
• Settlement: 28-Oct-26 (T+7)
• Maturity: 28-Oct-32 (6Y)
• Reoffer: SONIA MS (A, A/365) + 35 bps / 99.914% / 5.142% A / 5.078% SA
• Reference: +7.90 bps vs. UKT 4 1/4 06-Jul-32 (96.357 mid / 96.337 bid / HR 109%)
• Coupon: 5.125%, Fixed, Annual, Act/Act
• Denominations: 1k + 1k
• Docs: EMTN Programme
• Listing: Luxembourg
• Leads: BMO (B&D/DM) / HSBC / TD
• ISIN: EU000A4E1WF6
• 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)
• Timing: Priced. TOE: 12:19 UKT. FTT immediately
• UOP: 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.