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European Investment Bank announces support to India to combat Covid


European Investment Bank announces support to India to combat Covid
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Synopsis
The donation will go to European Investment Bank to acquire life-saving equipment in particular to improve access to oxygen including oxygen generation plants as well as the procurement of oxygen cylinders urgently needed across India.
Agencies
To date, the EIB has invested EUR 2.6 billion in urban metro systems in Bhopal, Kanpur, Pune, Lucknow and Bangalore.
Werner Hoyer, President of the European Investment Bank on Friday on the eve of the Summit with India announced an emergency EUR 250,000 donation from the EU Bank`s own funds to India in response to the escalating COVID-19 crisis. ....

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EIB enjoys impressive outing as IDA looks to follow in dollars


By Lewis McLellan
20 Apr 2021
Despite a wave of supply last week, the dollar bond market seems poised for another strong session with a jumbo outing from the European Investment Bank on Tuesday and several borrowers lining up for Wednesday.
The International Development Association will return to market just a few days after its dollar benchmark last week. The borrower will look for a five year dollar 144A/Reg S benchmark. Citi, HSBC, Morgan Stanley and RBC Capital Markets will run the books, having set initial price thoughts at
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