What is the EIBs financial profile?
The EIB is owned and supported by a group of sovereign states. Since 1 January 2007, the shareholders are the 27 Member States of the European Union. With the entry of the 2 new Member States, subscribed capital has increased to EUR 164.8 billion from EUR 163.7 billion. EUR 8.2 billion of the subscribed capital will be paid in over 8 installments, the rest being available for call should the Bank ever need it to meet its obligations on its borrowings. The statutory lending ceiling is set at 250% of subscribed capital. In 2007, 92% of signed loans were granted within the enlarged EU with a large part benefiting from guarantees from member states or public institutions. Liquidity is monitored with a view to matching disbursement needs. The consistently earned profits are generally transferred to the reserves and policies and controls are in place to manage risk. The EIB has been given a AAA rating by major credit rating agencies ever since it was first rated in 1975.
Price quotes on the most liquid and recent issues are shown by professional bond market participants on electronic trading platforms and on the Reuters and Bloomberg information systems. Particular pages are attributed to the largest EUR, GBP and USD issues on the Reuters system (“EIBEARN01”, “EIBGBP01” and “EIBUSD01”), and in Bloomberg (EIB
