Golden Finance reported that the Asian Infrastructure Investment Bank (AIIB) has successfully issued its first digital bond, raising $300 million. The bond is rated AAA and has an annual interest rate of 4%, with maturity in January 2027. This issuance was assisted by Citigroup and BMO Capital Market and marks the first time an Asian institution has issued digital bonds on Euroclear's Distributed Ledger platform. It is worth noting that this is also the first issuance of a digital bond denominated in US dollars on the platform.
Citigroup will play a key role in bond issuance and Settlement payments between investors and issuers. The bank will also serve as the issuance and payment agent. This digital bond issuance marks an important step in the application of blockchain technology in the financial sector. Although digital bonds are still a small part of the fixed income market, they are gaining more and more attention, and institutions such as the World Bank and the European Investment Bank are also involved.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Asian Infrastructure Investment Bank's first issuance of $300 million digital bonds
Golden Finance reported that the Asian Infrastructure Investment Bank (AIIB) has successfully issued its first digital bond, raising $300 million. The bond is rated AAA and has an annual interest rate of 4%, with maturity in January 2027. This issuance was assisted by Citigroup and BMO Capital Market and marks the first time an Asian institution has issued digital bonds on Euroclear's Distributed Ledger platform. It is worth noting that this is also the first issuance of a digital bond denominated in US dollars on the platform. Citigroup will play a key role in bond issuance and Settlement payments between investors and issuers. The bank will also serve as the issuance and payment agent. This digital bond issuance marks an important step in the application of blockchain technology in the financial sector. Although digital bonds are still a small part of the fixed income market, they are gaining more and more attention, and institutions such as the World Bank and the European Investment Bank are also involved.