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Published on 5/8/2013 in the Prospect News Agency DailyProspect News Investment Grade Daily.

New Issue: EIB prices $5 billion 0.5% three-year notes to yield Treasuries plus 21.35 bps

By Andrea Heisinger

New York, May 8 - The European Investment Bank priced $5 billion of 0.5% three-year notes (Aaa/AAA/AAA) on Wednesday to yield Treasuries plus 21.35 basis points, a market source said.

Pricing was at 99.804.

Bookrunners were Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and Goldman Sachs & Co.

The funding arm of the European Union is based in Kirchberg, Luxembourg.

Issuer:European Investment Bank
Issue:Notes
Amount:$5 billion
Maturity:Aug. 15, 2016
Bookrunners:Citigroup Global Markets Inc., Deutsche Bank Securities Inc., Goldman Sachs & Co.
Coupon:0.5%
Price:99.804
Spread:Treasuries plus 21.35 bps
Trade date:May 8
Settlement date:May 15
Ratings:Moody's: Aaa
Standard & Poor's: AAA
Fitch: AAA

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