| Free Writing Prospectus | Filed Pursuant to Rule 433(d) |
| Dated February 23, 2006 | Registration Statement No. 333-130289 |
European Investment Bank
USD 1,000,000,000 4.875% Notes due 2036
Final Term Sheet
| Issuer | European Investment Bank |
| Rating | Aaa/AAA/AAA |
| Currency/Size | USD 1,000,000,000 |
| Settlement | 2 Mar 2006 |
| Maturity | 15 Feb 2036 |
| Coupon | 4.875% (semi-annual) |
| Reoffer | 99.177% |
| Yield | 4.928% |
| Spread | 30-yrs + 43bps |
| 30-yr Ref (4.5% due 15 February 2036) | 100-01 |
| Denominations | USD 1,000, 10,000, 100,000 |
| Leads | JPMorgan/Merrill Lynch |
| Co-leads | BASL/Citigroup/Credit Suisse/Goldman Sachs/UBS |
| Underwriters Discounts and Commissions | 0.275% |
| Listing | Luxembourg |
| Governing Law | New York |
You can access the prospectus for the registration statement at the following website:
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling collect 1-212-834-4533.
