The Asian Infrastructure Investment Bank issued its first digital bond on Friday ( Aug 23 ), raising US$ 300 million, Euroclear said in a statement.
The issue is the first modern release for Euroclear using its distributed ledger technology program and the first release by an Asian-based supplier on its app.
Digital ties are debt instruments created using a distributed ledger or bitcoin.
The word, rated’ AAA’ by Moody’s, Standard &, Poor’s and Fitch Ratings was issued to assist the international development bank’s green bond programme.
The transaction’s financiers were BMO Capital Markets and Citigroup.
The Hong Kong Monetary Authority’s Key Moneymarkets Unit and the SIX Swiss Exchange are both able to clear securities, with the word listed on the Luxembourg Stock Exchange.