First Abu Dhabi Bank (FAB), the Middle East’s largest bank, has issued an AED 1 billion ($272m) digital green bond using Euroclear’s D-FMI platform. This marks at least the fourth digital bond issued by a MENAT bank using D-FMI in the past year, and more broadly, the third D-FMI bond issuance in the past two months.
The 3-year Digitally Native Green Notes carry a coupon of 5.75% and are listed on ADX. This is the bank’s second digital bond following its first $100 million issuance in July last year using the HSBC Hong Kong-based Orion distributed ledger platform.
“Building on our inaugural digital bond in 2025, we are demonstrating how digital infrastructure can advance sustainable finance through greater automation and more efficient execution,” said Lars Kramer, Group Chief Financial Officer at First Abu Dhabi Bank.
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
