EIB elects to make interest payment on 3.75% bonds due 2024 in euros

By Devika Patel

Knoxville, Tenn., July 13 – The European Investment Bank notified holders of its RUB 5.5 billion 3.75% bonds due July 17, 2024 that it cannot pay its next interest payment on the bonds in the specified currency under the bond agreement and has elected instead to make an €18.59 interest payment on the bonds in euros.

The bonds (ISIN: XS2205081297) were issued in four tranches on July 17, 2020, Jan. 13, 2021, April 8, 2021 and Oct. 25, 2021.

The lender for the European Union is based in Kirchberg, Luxembourg.

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