[Letterhead of]

EUROPEAN INVESTMENT BANK

VIA FACSIMILE AND EDGAR

U.S. Securities and Exchange Commission

100 F Street, N.E.

Washington, D.C. 20549

European Investment Bank

Registration Statement Pursuant to Schedule B

(Registration Number 333-177074)

Acceleration Request

Ladies and Gentlemen:

Pursuant to Rule 461 under the Securities Act of 1933, as amended, the European Investment Bank (the “Registrant”) hereby requests that the U.S. Securities and Exchange Commission accelerate the effective date of the above-referenced Registration Statement to 12:00 p.m. on November 21, 2011, or as soon as practicable thereafter.

	Very truly yours,
	EUROPEAN INVESTMENT BANK
By:	/s/ Bertrand de Mazières
	Name:  Bertrand de Mazières
	Title:    Director General
	Finance Directorate

By:	/s/ Eila Kreivi
	Name:  Eila Kreivi
	Title:    Director
	Capital Markets Department
	Finance Directorate