The Beijing-based Asian Infrastructure Investment Bank (AIIB) has issued its first digitally native note (DNN) using Euroclear’s Digital Financial Market Infrastructure (D-FMI). As with the first DLT-based D-FMI bond issuance from the World Bank, Citi acts is issuing and paying agent. It also takes on the role of dealer together with BMO Capital Markets.
The $300 million digital bond is part of the AIIB’s sustainable bond development program. Plus, this marks the D-FMI’s first dollar bond and first for an Asian client.
The bond is listed on the Luxembourg Stock Exhcange. Euroclear is the issuer and central securities depository (CSD) and the bond can also be cleared on the Hong Kong Monetary Authority’s Central Moneymarkets Unit (CMU) and SIX Swiss Exchange (SIX).
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