Aug 23 (Reuters) - The Asian Infrastructure Investment
Bank issued its first digital bond on Friday, raising $300
million, Euroclear said in a statement.
The issue is the first dollar-denominated digital issuance
for Euroclear and the first issuance by an Asia-based issuer on
its platform, using its distributed ledger technology system.
Digital bonds are debt instruments that are issued on a
blockchain or a distributed ledger.
The note, rated 'AAA' by Moody's, Standard & Poor's and
Fitch Ratings was issued to support the multilateral development
bank's sustainable bond programme.
Citigroup ( C/PN ) and BMO Capital Markets were the bankers for the
transaction.
The note is listed on the Luxembourg Stock Exchange, with
the clearing of bonds also possible on the Hong Kong Monetary
Authority's Central Moneymarkets Unit and the SIX Swiss
Exchange.
(Reporting by Archishma Iyer in Bengaluru; Editing by Mrigank
Dhaniwala)