Law & Tax Firms · Fintech

EIB issues £50 mln digital bond, first in British pounds

EIB issues first digital bond in British pounds, raises £50 mln

The European Investment Bank has issued its first natively digital bond denominated in British pounds. The EIB raised 50 million with the bond, which has a duration of two years and bears a floating rate of interest.

BNP Paribas, HSBC and RBC Capital Markets are the joint lead managers. The syndicate was advised by Allen & Overy. EIB was advised by Clifford Chance.

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