Bonds
Citi, BMO Assist AIIB’s Debut $300 Million Digital Bond Issuance
- AIIB is first Asia issuer to use Euroclear blockchain platform
- Digital bonds remain niche but growing part of fixed-income
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The Asian Infrastructure Investment Bank raised $300 million in its first bond issuance underpinned by blockchain technology, aided by Citigroup Inc. and BMO Capital Markets.
The AAA-rated note offers a 4% coupon and matures in January 2027, AIIB Treasurer Domenico Nardelli said in an interview, adding the AIIB will assess secondary market demand before deciding on further such sales next year.