UK markets open in 4 hours 21 minutes
  • NIKKEI 225

    28,323.06
    -312.15 (-1.09%)
     
  • HANG SENG

    28,703.44
    -594.09 (-2.03%)
     
  • CRUDE OIL

    52.62
    -0.23 (-0.44%)
     
  • GOLD FUTURES

    1,834.00
    -10.90 (-0.59%)
     
  • DOW

    30,303.17
    -633.83 (-2.05%)
     
  • BTC-GBP

    22,763.32
    -850.66 (-3.60%)
     
  • CMC Crypto 200

    625.63
    -14.29 (-2.23%)
     
  • ^IXIC

    13,270.60
    -355.47 (-2.61%)
     
  • ^FTAS

    3,716.37
    -45.27 (-1.20%)
     

EIB - EIB announces funding programme of EUR 60bn for 2021

·1-min read

For immediate release

18 December 2020

EIB announces funding programme of EUR 60 billion for 2021

The EIB estimates its new issuance for next year at EUR 60 billion. The EIB Board of Directors in its December meeting approved a borrowing authorization of up to EUR 70 billion, allowing for upside flexibility.

In 2020 ytd. the EIB has raised EUR 69.9 billion (including 2021 pre-funding), in line with the increase in the funding authorization approved by the Board in September.

Bond redemptions for 2021 are estimated at EUR 64 billion. Redemptions in 2020 amounted to EUR 69 billion.

Contacts:

Investor Relations: investor.relations@eib.org, +352 4379 53000

Background information on EIB

The European Investment Bank (EIB) is the long-term lending institution of the European Union owned by its Member States. It makes long-term finance available for sound investment in order to contribute towards EU policy goals. The Bank’s strong credit standing is underpinned by exceptional asset quality, a strong capital base and liquidity, firm shareholder support, conservative risk management and a sound funding strategy.

www.eib.org/investor_relations