Asian Infrastructure Investment Bank Releases Its First Digital Bond

Euroclear announced that the Asian Infrastructure Investment Bank had issued its first digital bond, raising $300 million. According to Euroclear's statement, this issuance marked the first dollar-denominated digital bond for the organisation and the first by an Asia-based issuer on its platform, utilizing its distributed ledger technology system.

Digital bonds are debt instruments issued on a blockchain or distributed ledger. The note, which received a 'AAA' rating from Moody's, Standard & Poor's, and Fitch Ratings, was issued to support the multilateral development bank's sustainable bond program.

Citigroup and BMO Capital Markets acted as the bankers for this transaction.

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