The Asian Infrastructure Investment Bank AIIB has issued its first digitally native note DNN on Euroclear's Digital Financial Market Infrastructure D-FMI.
The amount raised was $300 million to support AIIB’s sustainable development bond programme. The DNN is rated AAA by Moody’s, Standard and Poor’s and Fitch Ratings.
The move is the first digital issuance in USD for Euroclear and the first issuance by an Asia-based issuer on its platform. The issuance was done via Euroclear’s Digital Securities Issuance D-SI service, which enables the issuance, distribution and settlement of fully digital international securities on distributed ledger technology DLT.
In an evolving...