The Asian Infrastructure Investment Bank (AIIB) has successfully issued its first Digitally Native Note, executed on Euroclear’s Digital Financial Market Infrastructure (D-FMI).
This marks the first digital issuance in USD for Euroclear and the first such issuance by an Asia-based issuer on its platform. The initiative was supported by BMO Capital Markets as dealer and Citi, serving as dealer as well as the issuing and paying agent on the transaction.
The Digitally Native Note, boasting a triple A by Moody’s, Standard and Poor’s and Fitch Ratings, successfully raised USD 300 million to support AIIB’s sustainable development bond programme.
The issuance was done via Euroclear’s Digital Securities Issuance (D-SI) service, which enables the issuance, distribution and settlement of fully digital international…
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