AFC Becomes First African Institution to Issue Regulated Digital Bond
Africa Finance Corporation (AFC) has made history by becoming the first African institution to issue a Digital Bond listed, traded and settled on a regulated digital exchange.
The CHF 350 million five-year bond was priced at a coupon of 1.4925%, marking the largest digital bond ever issued in the Swiss Franc market.
AFC's President & CEO Samaila Zubairu said, 'This transaction is about far more than achieving competitive pricing.' He added that it underscores the confidence global investors continue to place in AFC's strategy, credit strength, and development impact.