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EIB Raises $80M In Bond Sale

European Investment Bank a long-term lending institution by the European Union, has raised $79.8 million in a sale of notes.

    European Investment Bank(EIB), a long-term lending institution by the European Union, has raised $79.8 million in a sale of notes,Reutersreports. The bonds are due to mature on July 15, 2013.

    The notes carry a coupon rate of 2.75%.Danske Bankand Deutsche Bank served as managers for the transaction.

    Click here for the story fromReuters.

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