Coat the inner pot of the Instant Pot with cooking spray.
Place cubed bread in the pot
Combine eggs, maple syrup, cinnamon, salt, cloves and nutmeg in a large bowl.
Add milk, stirring with a whisk until blended. Pour milk mixture over bread in the pot, pressing gently with a spoon to coat all bread pieces.
Tear off a 10 1/2 inch long piece of alluminum foil; lay foil on top of inner pot, gently smoothing it down the side of the pot. trim pointed corners even with rest of the foil, and tightly tuck it under the rim
Cut 2 (1 1/4 inch long) slit in the foil about one inch from the edge with a thin sharp knife. Cut a second slit parallel to and about 1 inch to the inside of the first. Repeat this procedure 3 times, creating 2 concentric slits in foil at intervals of 12, 3, 6, and 9 o'clock.
Set inner pot inside cooker. Close and lock the lid of the Instant Pot. Turn steam release handle to Venting. Select the Slow Cook function and adjust time to 90 minutes cooking time.