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World Bank raises $110 million with blockchain managed bond

World Bank raises $110 million with blockchain managed bond

August 24, 2018

Via: Finextra
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CBA was mandated by the World Bank as arranger for the bond on August 10 and following a two-week consultation period with the market, the two-year bond has raised A$110 million.

Investors in the bond include CBA, First State Super, NSW Treasury Corporation, Northern Trust, QBE, SAFA, and Treasury Corporation of Victoria. CBA and the World Bank will continue to welcome investor interest in the bond throughout its life cycle, and enquiries from other market participants in relation to the platform.

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