Owned by the 27 Member States of the European Union (EU), the European Investment Bank (EIB) is the EU's long-term lending institution.
The EIB is financially autonomous and raises long-term funds through bond issuance in the international capital markets to meet its lending needs.
Its global borrowing authorisation for 2022 is up to €50 billion, reflecting EIB’s borrowing needs to achieve the operational targets.
The Bank’s funding strategy is balanced to be responsive to market demand, while also developing and maintaining a strategic presence. The strategy is supported by EIB’s excellent AAA credit rating, while EIB’s bonds are considered Level 1 HQLA (High Quality Liquid Assets) for LCR calculation under the Basel framework.
The EIB’s funding strategy relies on the issuance of large and liquid benchmark transactions in the main currencies complemented by targeted issuance offering, diversification of currencies and markets, as well as a growing component of sustainability funding.
The issuing activities of the EIB are under the responsibility of the Finance Directorate of the EIB, which includes the Capital Markets and the Treasury Departments.
Our funding activities at a glance
Useful resources
Credit rating
The Bank’s high credit rating is the basis of its business model that relies on the confidence of investors worldwide. EIB bonds are of the highest credit quality as the EIB has a AAA rating from Fitch, Moody’s and S&P, the three major credit rating agencies.
| Fitch | Moody's | Standard and Poor's | |
|---|---|---|---|
| Long-term |
AAA |
Aaa |
AAA |
| Short-term |
F1+ |
P-1 |
A-1+ |
See the most recent rating publications:
- Fitch: Press release – Rating report
- Moody’s: Press release – Rating report
- Standard & Poor’s: Rating report
Major factors backing the EIB's credit standing and triple-A rating include:
- Joint European sovereign ownership and support
- Outstanding asset quality
- Conservative risk management
Publications
Explore our newsletters, reports and factsheets through our Publications library.
Financial reports
The EIB’s Annual Financial Report is published in the second quarter of the year, following the approval of the Board of Governors. The consolidated and unaudited semi-annual financial statements are published in the second half of the year. You can find our financial reports and statements here
The EIB’s latest 18-K Form filings with the U.S. Securities and Exchange Commission can be found in our publications library
Contact
If you have any questions related to the EIB's activities on the capital markets, you can contact the Investor Relations team at:
European Investment Bank
Investor Relations
100, Boulevard Konrad Adenauer
L-2950 Luxembourg
E-mail: investor.relations@eib.org
Tel. +352 43 79 - 53000
Fax. +352 43 79 - 66297
LEGAL NOTICE: RECORDING OF TELEPHONE CALLS
In compliance with the standard practice of industry and the European Data Protection regulations we are informing you that telephone conversations with EIB's Treasury and Capital Market Departments are recorded without use of a warning tone. The recordings will be consulted only in the event of a query related to a trading and processing operation in the case of any discrepancy in relation to the negotiation and the conclusion of a transaction in Treasury and Capital Market areas as well as for compliance purposes. The data will be kept for a maximum period of five years.