Background

Investing in the bonds of the Council of Europe Development Bank

  • Europe
  • Council of Europe Development Bank
  • 2021
  • EUR 20 mln
  • Other
  • International Bank for Economic Co-operation took part in the IPO of the 10-year bonds of the Council of Europe Development Bank. The organizers of the placement, represented by the global investment banks: Goldman Sachs, Deutsche Bank, BNP Paribas, HSBC, satisfied the IBEC's application for EUR 20 million. The total volume of the issue is EUR 1 billion. The funds raised through the placement of bonds will be used to finance the statutory activities of the bank, to support existing and new projects.
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