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via crypto.news · By crypto.news Editorial
African financial company issues first $431 million digital bond
CE
crypto.news Editorial(08:36 AM UTC)
1 min read
Africa Finance Corporation has raised 350 million Swiss francs or about $431 million, through its first digital bond, becoming the first African institution to issue such debt through a regulated exchange and central securities depository.
Summary
- The five-year digital bond carries a coupon rate of 1.4925%.
- Around 90% of investor demand came from Swiss…
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