Filed pursuant to Rule 424(b)(5) Registration No. 333-251291
PROSPECTUS SUPPLEMENT (To Prospectus dated December 23, 2020)

European Investment Bank

$5,000,000,000 3.750% Notes due 2033

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The 3.750% notes due 2033 offered hereby (the “Notes”) will bear interest at a rate of 3.750% per year.  The European Investment Bank (the “EIB”) will pay interest on the Notes on February 14 and August 14 of each year, commencing on August 14, 2023.

The Notes will mature on February 14, 2033.  The EIB will not have the right to redeem the Notes before their scheduled maturity.  The Notes will be unconditional, direct and general obligations of the EIB in accordance with the terms for their payment and performance.  The Notes will rank pari passu with any present or future indebtedness of the EIB represented by any unsubordinated and unsecured notes or bonds.

Application has been made for the Notes to be listed on the Official List of the Luxembourg Stock Exchange and admitted to trading on the Bourse de Luxembourg, which is the regulated market of the Luxembourg Stock Exchange.  No assurance can be given that such application will be approved or that any of the Notes will be listed and admitted to trading thereon, and settlement of the Notes is not conditioned on obtaining this listing.

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PRICE OF THE NOTES 99.488%

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⁽¹⁾  Plus accrued interest, if any, from February 14, 2023 if settlement occurs after that date.

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Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of the Notes or determined if this prospectus supplement or the accompanying prospectus is truthful or complete.  Any representation to the contrary is a criminal offense.

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The underwriters named in this prospectus supplement expect to deliver the Notes to purchasers in book-entry form only, through the facilities of The Depository Trust Company (“DTC”) for the accounts of its direct and indirect participants (including Euroclear Bank SA/NV (“Euroclear”) and Clearstream Banking S.A. (“Clearstream”)) on or about February 14, 2023.

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The date of this prospectus supplement is February 7, 2023.

TABLE OF CONTENTS

ABOUT THIS PROSPECTUS SUPPLEMENT

This document consists of two parts. The first part is this prospectus supplement, which describes the specific terms of this offering and the Notes being offered.  This prospectus supplement may also add, update or change information contained in the accompanying prospectus.  The second part, the accompanying prospectus, presents general information about us and a general description of the debt securities we may offer from time to time, some of which does not apply to the Notes being offered.  If the information in this prospectus supplement differs from the information contained in the accompanying prospectus, you should rely on the information in this prospectus supplement.  If we use a capitalized term in this prospectus supplement and do not define the term in this document, it is defined in the accompanying prospectus.

You should read both this prospectus supplement and the accompanying prospectus together with additional information described under the headings “Where You Can Find More Information” and “Incorporation by Reference” below before you purchase the Notes.  We have not authorized anyone to provide you with information different from that contained or incorporated by reference in this prospectus supplement and the accompanying prospectus or any “free writing prospectus” prepared by or on behalf of us.  We take no responsibility for, and can provide no assurance as to the reliability of, any other information that others may give you.

You should not assume that the information in this prospectus supplement, the accompanying prospectus or any document incorporated by reference therein is accurate or complete at any date other than the date indicated on the cover page of those documents.  Our business, financial condition, results of operations and prospects may have changed since those dates.

We are not offering to sell the Notes or soliciting offers to purchase the Notes in any jurisdiction where the offer or sale is not permitted.  The Notes are offered globally for sale in those jurisdictions in the United States, Canada, Europe, Asia and elsewhere where it is lawful to make such offers.  The distribution of this prospectus supplement and the accompanying prospectus and the offering of the Notes in certain jurisdictions may be restricted by law.  Persons into whose possession this prospectus supplement and the accompanying prospectus come should inform themselves about and observe any such restrictions.  This prospectus supplement and the accompanying prospectus do not constitute, and may not be used in connection with, an offer or solicitation by anyone in any jurisdiction in which such offer or solicitation is not authorized or in which the person making such offer or solicitation is not qualified to do so or to any person to whom it is unlawful to make such offer or solicitation.  See “Underwriters—Selling Restrictions”.

While application has been made for the Notes to be listed on the Official List of the Luxembourg Stock Exchange and admitted to trading on the Bourse de Luxembourg, which is the regulated market of the Luxembourg Stock Exchange, we cannot guarantee that such application will be approved or that any of the Notes will be listed and admitted to trading thereon, and settlement of the Notes is not conditioned on obtaining this listing.  See “Description of Notes—Listing”.

References in this prospectus supplement to “we”, “our” or “us” are to the EIB.  References to “U.S. dollars”, “USD”, “U.S. $”, “dollar” or “$” are to the lawful currency of the United States.

WHERE YOU CAN FIND MORE INFORMATION

The registration statement of which this prospectus supplement and the accompanying prospectus form part, including the attached exhibits and schedules, contains additional relevant information about the Notes.  The rules and regulations of the SEC allow us to omit certain information included in the registration statement from this prospectus supplement and the accompanying prospectus.

While the EIB is not subject to the periodic reporting requirements of the U.S. Securities Exchange Act of 1934, as amended (the “Exchange Act”), we file reports and other information with the SEC under the Exchange Act on a voluntary basis.  The SEC maintains an internet site that contains reports, proxy and information statements, and other information regarding issuers that file electronically with the SEC (http://www.sec.gov), on which all our filings made after December 15, 2002 are available.

This prospectus supplement and the accompanying prospectus will be published on the official website of the Luxembourg Stock Exchange (http://www.bourse.lu).  Information available on this website is not, and shall not be deemed to be, part of or incorporated by reference into this prospectus supplement.

INCORPORATION BY REFERENCE

The SEC allows us to “incorporate by reference” into this prospectus supplement and the accompanying prospectus the information we file with the SEC, which means that:

This prospectus supplement incorporates by reference the documents listed below that the EIB previously filed with the SEC.  They contain important information about us.  All other documents which the EIB previously filed with the SEC, including those listed under the heading “Incorporation by Reference” in the accompanying prospectus, have been superseded by the documents listed below.

	●	Amendment No. 6 to the Annual Report on Form 18-K/A for the fiscal year ended December 31, 2020, as filed with the SEC on March 8, 2022 (File No. 001-05001)
	●	Amendment No. 7 to the Annual Report on Form 18-K/A for the fiscal year ended December 31, 2020, as filed with the SEC on April 13, 2022 (File No. 001-05001)

The EIB also incorporates by reference in this prospectus supplement any future filings, or portions of such filings, made with the SEC under the Exchange Act, after the date of this prospectus supplement until completion of this offering, to the extent such filings, or such portions of such filings, indicate that they are intended to be incorporated by reference in this prospectus supplement.

Upon written or oral request, we will provide to any person, including any beneficial owner, to whom a copy of this prospectus supplement is delivered, at no cost to such person, a copy of any or all of the information that has been incorporated by reference in this prospectus supplement but not delivered with this prospectus supplement.  You may make such a request by writing or telephoning us at the following address or telephone number:

European Investment Bank
Capital Markets Department
98-100, boulevard Konrad Adenauer
L-2950 Luxembourg
Grand Duchy of Luxembourg
Telephone: (+352) 43 79 1
E-mail: investor.relations@eib.org

FORWARD-LOOKING STATEMENTS

This prospectus supplement and the accompanying prospectus and documents incorporated by reference in this prospectus supplement and the accompanying prospectus may contain forward-looking statements. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements.

Forward-looking statements involve inherent risks, uncertainties and other factors that may cause our actual results, performance or achievements to differ materially from the anticipated results, performance or achievements expressed or implied in these forward-looking statements.  Although we believe that the expectations reflected in such forward-looking statements and forecasts are reasonable, no assurance can be given that such expectations will prove to have been correct.  Accordingly, actual results could differ materially from those contained in any forward-looking statements.  Consequently, you are cautioned not to place undue reliance on forward-looking statements.

Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly or release any revisions to these forward-looking statements in light of new information or to reflect events or circumstances after the date of the particular statement or to reflect the occurrence of unanticipated events, except to the extent required by applicable law.  All subsequent forward-looking statements attributable to us or any person acting on our behalf are qualified by the cautionary statements herein.

USE OF PROCEEDS

The Treaty on European Union aims to establish an internal market that works for the sustainable development of Europe. Ensuring an appropriate regulatory environment is a priority area of the EU’s Capital Markets Union. The European Commission’s Action Plan on “Financing Sustainable Growth” has been designed to help reorient capital flows towards sustainable investment.

DESCRIPTION OF NOTES

The following description of the particular terms of the 3.750% Notes due 2033 offered hereby (the “Notes”, referred to in the accompanying prospectus as the “securities”) supplements, and to the extent, if any, inconsistent therewith replaces, the description of the general terms and provisions to the securities set forth in the accompanying prospectus to which description reference is hereby made.  Such descriptions do not purport to be complete and are qualified in their entirety by reference to the Fiscal Agency Agreement and the Global Note.  Copies of the Fiscal Agency Agreement and the Global Note are on file and available for inspection at the Fiscal Agent’s office at Citigroup Centre, Canada Square, Canary Wharf, London E14 5LB, United Kingdom, during business hours on any business day.

General

The Notes will be issued under a fiscal agency agreement dated as of December 23, 2020, as amended and supplemented from time to time (the “Fiscal Agency Agreement”, as described in the accompanying prospectus), between the EIB and Citibank, N.A., London Branch, as fiscal agent (the “Fiscal Agent”).  The Notes will be issued in minimum denominations of $1,000 and integral multiples thereof.

The Notes will be unconditional, direct and general obligations of the EIB in accordance with the terms for their payment and performance.  The Notes will rank pari passu with any present or future indebtedness of the EIB represented by any unsubordinated and unsecured notes or bonds.

In addition to the Notes, the EIB may issue from time to time other series of securities under the Fiscal Agency Agreement consisting of notes, bonds, debentures and/or other unsecured evidences of indebtedness.

Registration or transfer of Notes will be effected without charge to the holders thereof.

Payment of Principal and Interest

If any Interest Payment Date or the maturity date is a day on which banking institutions are authorized or obligated by law to close in New York (the place that is the financial center for the currency of payment) or in any place of payment, then payment of principal or interest need not be made on that Interest Payment Date or the maturity date at such place of payment.  The EIB may make the required payment on the next succeeding day at such place of payment that is not a day on which banking institutions are authorized or obligated by law to close in New York (the place that is the financial center for the currency of payment) or in such place of payment.  The payment will be made with the same force and effect as if made on the Interest Payment Date or maturity date and no additional interest shall accrue for the period from the Interest Payment Date or maturity date to the date of actual payment.

Payment of the principal of and interest on the Notes made at the offices of the Fiscal Agent or any paying agent shall be subject in all cases to any fiscal or other laws and regulations applicable thereto.  Consequently, neither the EIB nor any paying agent will make any additional payment in the event of a withholding tax being required in respect of any payment under or in connection with the Notes.  Neither the EIB nor any paying agent shall be liable to any holder of the Notes or other person for any commissions, costs, losses or expenses in relation to or resulting from such payments.

Maturity; Sinking Fund or Redemption; Repurchase

Further Issues

Notices

Notices to the holders of the Notes will be published in an English language newspaper having a general circulation in London, United Kingdom (expected to be the Financial Times) and in New York City (expected to be The Wall Street Journal).  However, for so long as the Notes are represented by the Global Note, notices may be given by delivery of the relevant notice by the EIB or the Fiscal Agent to DTC for communication by DTC to entitled participants in substitution for publication in any such newspaper.  If at any time publication in any such newspaper is not practicable, notices will be valid if published in an English language newspaper with general circulation in the respective market regions as determined by the EIB.  In addition, if and for so long as any of the Notes are listed on the Official List of the Luxembourg Stock Exchange and admitted to trading on the Bourse de Luxembourg, which is the regulated market of the Luxembourg Stock Exchange, and the rules and regulations of the Luxembourg Stock Exchange so require, such notices will also be published on the official website of the Luxembourg Stock Exchange (http://www.bourse.lu).  Any notice shall be deemed to have been given on the date of its publication or, if published more than once on different dates, on the first date on which publication is made.  Notices delivered to DTC shall be deemed to have been given on the date when delivered.

The Fiscal Agency Agreement and the Notes shall be governed by, and interpreted in accordance with, the laws of the State of New York, except with respect to their authorization and execution by the EIB, which shall be governed by the Treaty on the Functioning of the European Union, as amended and supplemented from time to time (the “TFEU”), and the Statute of the EIB, as amended and supplemented from time to time, which is annexed to the TFEU as Protocol (No 5) on the Statute of the European Investment Bank.

As more fully set forth in “Description of Securities—Governing Law, Jurisdiction and Consent to Service of Process” in the accompanying prospectus, the EIB has (i) expressly accepted the jurisdiction of any State or Federal court in the Borough of Manhattan, The City of New York in respect of any action arising out of or based upon the Notes which may be instituted in any such court by the holder of a Note and (ii) appointed the Ambassador of the European Union to the United States, with address at Delegation of the European Union to the United States, 2175 K Street, N.W., Washington, D.C. 20037, United States of America, as its authorized agent upon whom process may be served in any such action; provided, however, that such acceptance of jurisdiction and such appointment shall not extend to actions brought under U.S. Federal securities laws or any state securities laws.  Notwithstanding the foregoing, any action arising out of or based upon the Notes may be instituted by the holder of a Note in any competent court of the jurisdiction in which the EIB has its seat.

Fiscal Agent

Citibank, N.A., London Branch is our Fiscal Agent under the Fiscal Agency Agreement and will be acting in such capacity through its office located at Citigroup Centre, Canada Square, Canary Wharf, London E14 5LB, United Kingdom.

The Fiscal Agent will, among other matters, be responsible for:

(i)	maintaining a record of the aggregate holdings of the Notes;
(ii)	ensuring that payments of principal and interest in respect of the Notes received by the Fiscal Agent from the EIB are duly credited to the holders of the Notes; and
(iii)	transmitting to the EIB any notices from the holders of the Notes.

The Fiscal Agent is the agent of the EIB, is not a trustee for the holders of the Notes and does not have the same responsibilities or duties to act for such holders as would a trustee.

Listing

Application has been made for the Notes to be listed on the Official List of the Luxembourg Stock Exchange and admitted to trading on the Bourse de Luxembourg, which is the regulated market of the Luxembourg Stock Exchange.  No assurance can be given that such application will be approved or that any of the Notes will be listed and admitted to trading thereon, and settlement of the Notes is not conditioned on obtaining this listing.  If the application is approved, the EIB will have no obligation to maintain such listing, and may delist the Notes at any time.

Banque Internationale à Luxembourg S.A. has been appointed as our Luxembourg listing agent in connection with the proposed listing of the Notes.  Any inquiries regarding the listing status of the Notes on the Luxembourg Stock Exchange should be directed to our Luxembourg listing agent at 69, route d’Esch, L-2953 Luxembourg, Grand Duchy of Luxembourg.

UNDERWRITERS

Under the terms and subject to the conditions set forth in the underwriting agreement dated February 7, 2023 (the “Underwriting Agreement”), the underwriters named below (the “Underwriters”, and each an “Underwriter”) have severally agreed to purchase, and the EIB has agreed to sell to them, severally, the respective principal amount of the Notes set forth opposite their respective names below:

Underwriter		Principal Amount of Notes
BNP Paribas		$	1,666,666,000
CIBC World Markets Corp.		$	1,666,666,000
Citigroup Global Markets Limited		$	1,666,668,000
Total		$	5,000,000,000

The Underwriting Agreement provides that the obligations of the Underwriters to pay for and accept delivery of the Notes are subject to, among other things, the approval of certain legal matters by counsel and certain other conditions. The Underwriters are obligated to purchase all the Notes if any are purchased.

The Underwriters have advised us that, subject to the selling restrictions set forth below, they propose initially to offer the Notes to the public at the public offering price set forth on the cover page of this prospectus supplement.

Certain of the Underwriters and their affiliates engage in transactions with, and perform services for, the EIB in the ordinary course of business and have engaged, and may in the future engage, in commercial banking and investment transactions with the EIB.  In addition, as a result of upfront payments that may be made by certain of the Underwriters in connection with some of the costs incurred by the EIB in relation to the issuance of the Notes, the actual net amounts received by such Underwriters may be lower than the underwriting discount set forth on the cover page of this prospectus supplement.

Purchasers of the Notes may be required to pay stamp taxes and other charges in accordance with the laws and practices of the country of purchase in addition to the public offering price set forth on the cover page hereof.

Expenses associated with this offering are estimated to be $200,000.

The EIB has agreed to indemnify the Underwriters against certain liabilities, including liabilities under the U.S. Securities Act of 1933, as amended, or contribute to payments the Underwriters may be required to make in respect thereof.

It is expected that delivery of the Notes will be made against payment therefor on or about the date specified on the cover page of this prospectus supplement, which will be the fifth business day following the date of pricing of the Notes (this settlement cycle being referred to as “T+5”).  Under Rule 15c6-1 under the Exchange Act, trades of securities in the secondary market generally are required to settle in two business days, unless the parties to any such trade expressly agree otherwise.  Accordingly, purchasers who wish to trade the Notes prior to the second business day before the delivery of the Notes will be required, by virtue of the fact that the Notes initially will settle in T+5, to specify an alternate settlement cycle at the time of any such trade to prevent a failed settlement.  Purchasers of the Notes who wish to make such trades should consult their own advisor.

In order to facilitate the offering of the Notes, Citigroup Global Markets Limited (in this capacity, the “Lead Stabilization Agent”) (or any person acting on its behalf) may over-allot the Notes or effect transactions with a view to supporting the market price of the Notes at a level higher than that which might otherwise prevail.  However, there is no assurance that the Lead Stabilization Agent (or any person acting on its behalf) will undertake any stabilization action.  Any stabilization action may begin on or after the date on which adequate public disclosure of the terms of the offer of the Notes is made and, if begun, may be ended at any time, but it must end no later than the earlier of 30 calendar days after the issue date of the Notes and 60 calendar days after the date of allotment of the Notes.  Any stabilization action or over-allotment of the Notes must be conducted by the Lead Stabilization Agent (or any person acting on its behalf) in accordance with all applicable laws and rules.

Selling Restrictions

The Notes are offered for sale in those jurisdictions in the United States, Canada, Europe, Asia and elsewhere where it is lawful to make such offers.

Each of the Underwriters has represented and agreed that it and each of its affiliates has not acquired, offered, sold or delivered, and will not offer, sell or deliver, any of the Notes, directly or indirectly, or possess or distribute this prospectus supplement or the accompanying prospectus or any other offering material relating to the Notes or the EIB, in or from any jurisdiction except under circumstances that will result in compliance with the applicable laws and regulations thereof and that will not impose any obligations on the EIB except as set forth in the Underwriting Agreement.

United Kingdom

Each Underwriter has represented and agreed that (i) it and each of its affiliates has only communicated or caused to be communicated and will only communicate or cause to be communicated any invitation or inducement to engage in investment activity (within the meaning of section 21 of the UK Financial Services and Markets Act 2000 (the “FSMA”)) received by it in connection with the issue or sale of any Notes in circumstances in which section 21(1) of the FSMA does not apply to the EIB; and (ii) it and each of its affiliates has complied and will comply with all applicable provisions of the FSMA with respect to anything done by it in relation to any Notes in, from or otherwise involving the United Kingdom.

The Notes may be sold only to purchasers in Canada purchasing, or deemed to be purchasing, as principal that are “accredited investors”, as defined in National Instrument 45-106 Prospectus Exemptions or subsection 73.3(1) of the Securities Act (Ontario), and are “permitted clients”, as defined in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations, that are not individuals.  Any resale of the Notes must be made in accordance with an exemption from, or in a transaction not subject to, the prospectus requirements of applicable securities laws.

Securities legislation in certain provinces or territories of Canada may provide a purchaser with remedies for rescission or damages if this prospectus supplement or the accompanying prospectus (in each case, including any amendment thereto) contains a misrepresentation; provided that the remedies for rescission or damages are exercised by the purchaser within the time limit prescribed by the securities legislation of the purchaser’s province or territory.  The purchaser should refer to any applicable provisions of the securities legislation of the purchaser’s province or territory for particulars of these rights or consult with a legal advisor.

Pursuant to section 3A.3 of National Instrument 33-105 Underwriting Conflicts (“NI 33-105”), the Underwriters are not required to comply with the disclosure requirements of NI 33-105 regarding underwriter conflicts of interest in connection with this offering.

Japan

Each Underwriter has represented and agreed that (i) the Notes have not been and will not be registered under the Financial Instruments and Exchange Act of Japan (Act No. 25 of 1948, as amended) (the “FIEA”); and (ii) it and each of its affiliates has not offered or sold, and will not offer or sell, any Notes, directly or indirectly, in Japan or to, or for the benefit of, any resident of Japan (which term as used herein means any person resident in Japan, including any corporation or other entity organized under the laws of Japan), or to others for re-offering or resale, directly or indirectly, in Japan or to, or for the benefit of, any resident of Japan, except pursuant to an exemption from the registration requirements of, and otherwise in compliance with, the FIEA and any other applicable laws, regulations and ministerial guidelines of Japan.

South Korea

Each Underwriter has represented and agreed that (i) the Notes have not been and will not be registered under the Financial Investment Services and Capital Markets Act of the Republic of Korea (“Korea”); and (ii) it and each of its affiliates has not offered, sold or delivered, and will not offer, sell or deliver, any Notes, directly or indirectly, in Korea or to, or for the account or benefit of, any resident of Korea (as such term is defined in the Foreign Exchange Transaction Law of Korea and the rules and regulations promulgated thereunder), or to any other person for re-offering, resale or redelivery, directly or indirectly, in Korea or to, or for the account or benefit of, any resident of Korea, except as otherwise permitted under the applicable laws and regulations of Korea.

Singapore

Each Underwriter has represented and agreed that it and each of its affiliates has acknowledged that neither this prospectus supplement nor the prospectus has been registered as a prospectus with the Monetary Authority of Singapore (the “MAS”) and that, accordingly, it and each of its affiliates has not offered or sold any Notes or caused the Notes to be made the subject of an invitation for subscription or purchase and will not offer or sell any Notes or cause the Notes to be made the subject of an invitation for subscription or purchase, and has not circulated or distributed, nor will it or any of its affiliates circulate or distribute, this prospectus supplement, the prospectus or any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of the Notes, whether directly or indirectly, to any person in Singapore other than:

Where the Notes are subscribed or purchased under Section 275 of the SFA by a relevant person which is:

securities or securities-based derivatives contracts (each term as defined in Section 2(1) of the SFA) of that corporation or the beneficiaries’ rights and interest (howsoever described) in that trust shall not be transferred within six months after that corporation or that trust has acquired the Notes pursuant to an offer made under Section 275 of the SFA except:

Hong Kong

Each Underwriter has represented and agreed that (i) it and each of its affiliates has not offered or sold, and will not offer or sell, in Hong Kong, by means of any document, any Notes other than (a) to “professional investors” as defined in the Securities and Futures Ordinance (Cap. 571) of Hong Kong (the “SFO”) and any rules made under the SFO, or (b) in other circumstances which do not result in the document being a “prospectus” as defined in the Companies (Winding Up and Miscellaneous Provisions) Ordinance (Cap. 32) of Hong Kong (the “C(WUMP)O”) or which do not constitute an offer to the public within the meaning of the C(WUMP)O; and (ii) it and each of its affiliates has not issued or had in its possession for the purposes of issue, and will not issue or have in its possession for the purposes of issue, whether in Hong Kong or elsewhere, any advertisement, invitation, other offering material or other document relating to the Notes, which is directed at, or the contents of which are likely to be accessed or read by, the public of Hong Kong (except if permitted to do so under the securities laws of Hong Kong) other than with respect to Notes which are or are intended to be disposed of only to persons outside Hong Kong or only to “professional investors” as defined in the SFO and any rules made under the SFO.

People’s Republic of China

Each Underwriter has represented and agreed that it and each of its affiliates has not offered, sold or delivered, and will not offer, sell or deliver, any Notes, directly or indirectly, in the People’s Republic of China (“PRC”) (a) by means of any advertisement, invitation, document or activity which is directed at, or the contents of which are likely to be accessed or read by, the public in the PRC, (b) to any person within the PRC, or (c) to any person for re-offering, resale or redelivery to any person within the PRC, other than in full compliance with the relevant laws and regulations of the PRC.  For the purposes of this paragraph, the PRC does not include Taiwan or the special administrative regions of Hong Kong and Macau.

UK MiFIR Product Governance / Retail Investors, Professional Investors and Eligible Counterparties Target Market

The EIB does not fall under the scope of application of the UK MiFIR package.  Consequently, the EIB does not qualify as an “investment firm”, “manufacturer” or “distributor” for the purposes of UK MiFIR.

Solely for the purposes of each manufacturer’s product approval process, the target market assessment in respect of the Notes has led to the conclusion that: (i) the target market for the Notes is retail clients, as defined in point (8) of Article 2 of Regulation (EU) No 2017/565 and eligible counterparties, as defined in COBS and professional clients, as defined in UK MiFIR; and (ii) all channels for distribution of the Notes are appropriate, subject to the distributor’s suitability and appropriateness obligations under COBS, as applicable.  Any person subsequently offering, selling or recommending the Notes (a “distributor”) should take into consideration the manufacturers’ target market assessment; however, a distributor subject to the UK MiFIR Product Governance Rules is responsible for undertaking its own target market assessment in respect of the Notes (by either adopting or refining the manufacturers’ target market assessment) and determining appropriate distribution channels, subject to the distributor’s suitability and appropriateness obligations under COBS, as applicable.

EXPERTS

The following financial statements of the EIB as of December 31, 2021 and 2020, and for each of the years then ended, have been incorporated by reference herein (such reference being to the EIB’s Annual Reports on Form 18-K for the years ended December 31, 2021 and 2020), in reliance upon the reports of KPMG Audit Société à responsabilité limitée (formerly KPMG Luxembourg, Société anonyme, formerly KPMG Luxembourg, Société coopérative), independent auditors, incorporated by reference herein, and upon the authority of said firm as experts in accounting and auditing:

	(i)	the unconsolidated financial statements of the EIB prepared in accordance with the general principles of the Directive 86/635/EEC of the Council of the European Communities of December 8, 1986 on the annual accounts and consolidated accounts of banks and other financial institutions, as amended by Directive 2001/65/EC of September 27, 2001, by Directive 2003/51/EC of June 18, 2003 and by Directive 2006/46/EC of June 14, 2006 (the “Directives”);
	(ii)	the consolidated financial statements of the EIB prepared in accordance with the Directives; and
	(iii)	the consolidated financial statements of the EIB prepared in accordance with International Financial Reporting Standards as adopted by the European Union.

GENERAL INFORMATION

OFFICIAL STATEMENT

The information set forth in this prospectus supplement, except the information appearing under the heading “Underwriters”, is stated on the authority of the president of the EIB, acting in his duly authorized official capacity as President.

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we can disclose important information to you by referring you to another document filed separately with the SEC;

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information in a document incorporated by reference in this prospectus is considered to be a part of this prospectus;

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information in this prospectus automatically updates and supersedes information in earlier documents that are incorporated by reference in this prospectus;

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information in a document incorporated by reference in this prospectus automatically updates and supersedes information in earlier documents that are incorporated by reference in this prospectus; and

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information that we file in the future with the SEC that we incorporate by reference in this prospectus will automatically update and supersede information in this prospectus.

Country		Subscribed Capital (in EUR)				Uncalled / Callable Capital (in EUR)				Called / Paid-in Capital (in EUR)
Germany			46,722,369,149				42,555,081,742				4,167,287,407
France			46,722,369,149				42,555,081,742				4,167,287,407
Italy			46,722,369,149				42,555,081,742				4,167,287,407
Spain			28,033,421,847				25,533,049,371				2,500,372,476
Belgium			12,951,115,777				11,795,972,691				1,155,143,086
Netherlands			12,951,115,777				11,795,972,691				1,155,143,086
Poland			11,366,679,827				10,352,856,629				1,013,823,198
Sweden			8,591,781,713				7,825,458,763				766,322,950
Denmark			6,557,521,657				5,972,639,556				584,882,101
Austria			6,428,994,386				5,855,575,961				573,418,425
Finland			3,693,702,498				3,364,251,741				329,450,757
Greece			3,512,961,713				3,199,631,688				313,330,025
Portugal			2,263,904,037				2,061,980,655				201,923,382
Czech Republic			2,206,922,328				2,010,081,290				196,841,038
Hungary			2,087,849,195				1,901,628,594				186,220,601
Ireland			1,639,379,073				1,493,158,667				146,220,406
Romania			1,639,379,073				1,493,158,667				146,220,406
Croatia			1,062,312,542				967,562,174				94,750,368
Slovakia			751,236,149				684,231,479				67,004,670
Slovenia			697,455,090				635,247,290				62,207,800
Bulgaria			510,041,217				464,549,338				45,491,879
Lithuania			437,633,208				398,599,585				39,033,623
Luxembourg			327,878,318				298,634,014				29,244,304
Cyprus			321,508,011				292,831,891				28,676,120
Latvia			267,076,094				243,254,895				23,821,199
Estonia			206,248,240				187,852,433				18,395,807
Malta			122,381,664				111,466,131				10,915,533
Total			248,795,606,881				226,604,891,420				22,190,715,461

(i)

the designation;

(ii)

the aggregate principal amount and currency, any limit on such principal amount and authorized denominations;

(iii)

the percentage of their principal amount at which such securities will be issued;

(iv)

the maturity date;

(v)

the interest rate or method of determining the interest rate, if any;

(vi)

the interest payment dates, if any, and the dates from which interest accrues;

(vii)

any index, price or formula to be used for determining the amount of any payment of principal, premium or interest;

(viii)

any optional or mandatory redemption terms or purchase, repurchase or sinking fund provisions;

(ix)

whether such securities will be in bearer form, which may or may not be registrable as to principal, with interest coupons, if any, or in fully registered form, or both, and restrictions on the exchange of one form for another;

(i)

the EIB shall default in any payment of the principal of (or the premium, if any, on) or interest on any of the securities of a series and such default shall not be cured by payment thereof within 30 days; or

(ii)

the EIB shall default in the performance of any other covenant under the securities of a series and such default shall continue for a period of 90 days after written notice thereof shall have been given to the EIB and the fiscal agent by the holders of not less than 25% in principal amount of all the securities of such series at the time outstanding; or

(iii)

a default, as defined in any instrument evidencing, securing or protecting any indebtedness for borrowed money of the EIB, now or hereafter outstanding and maturing more than one year from the date of its creation, shall happen and the maturity of such indebtedness shall have been accelerated so that the same shall have become due and payable prior to the date on which the same would otherwise have become due and payable and such acceleration shall not have been rescinded or annulled.

(i)

no judgment or decree for the payment of amounts due thereon shall have been entered;

(ii)

all arrears of interest upon all the securities of such series and all other sums due in respect thereof, except any principal payments which shall not have matured by their terms, shall have been duly paid by the EIB; and

(iii)

all other defaults under the securities of such series shall have been made good.

(i)

change the due date for the payment of the principal of (or premium, if any, on) or any installment of interest on any security of such series;

(ii)

reduce the principal amount of any security of such series, the portion of such principal amount which is payable upon acceleration of the maturity of such security, the interest rate thereon or the premium payable upon redemption thereof;

(iii)

change the coin or currency in which (unless required by law of the jurisdiction which issued such coin or currency) or the required places at which payment with respect to interest, premium or principal in respect of securities of such series is payable;

(iv)

shorten the period during which the EIB is not permitted to redeem the securities of such series, or permit the EIB to redeem the securities of such series if, prior to such action, the EIB is not permitted to do so; or

(v)

reduce the proportion of the principal amount of securities of such series the vote or consent of the holders of which is necessary to modify, amend or supplement the fiscal agency agreement or the terms and conditions of the securities of such series or to make, take or give any request, demand, authorization, direction, notice, consent, waiver or other action provided thereby to be made, taken or given.

(i)

adding to the covenants of the EIB for the benefit of the holders of the securities;

(ii)

surrendering any right or power conferred upon the EIB;

(i)

if the related Depositary notifies the EIB that it is unwilling or unable to continue as Depositary for such Global Security or if at any time such Depositary ceases to be a clearing agency registered under the Exchange Act at a time when it is required to be so registered, and a replacement Depositary is not appointed;

(ii)

if the EIB in its discretion at any time determines not to have all of the applicable securities represented by such Global Security;

(iii)

if an event of default entitling the holders of the applicable securities to accelerate the maturity thereof has occurred and is continuing; or

(iv)

in such other events as may be specified in a prospectus supplement.

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European Investment Bank

$5,000,000,000 3.750% Notes due 2033

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PROSPECTUS SUPPLEMENT

February 7, 2023

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