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Security Token Market

Bond-i - 50M AUD Token

BONDI2

Bond-i - 50M AUD logo

The Raise Total

$33,500,000

Price Per Token

$1000

Raise Start

August 28, 2019

Minimum Investment

$340,000

https://www.worldbank.org/

The World Bank (International Bank for Reconstruction and Development, IBRD rated Aaa/AAA) has raised an additional AUD 50 million for its Kangaroo bond due August 2020 - the first bond created, allocated, transferred and managed through its life-cycle using distributed ledger (blockchain) technology. The successful tap expands market participation with the Bond-i platform combining three joint lead managers, Commonwealth Bank of Australia (CBA), RBC Capital Markets (RBC) and TD Securities (TD), and brings together new market participants, including an offshore investor, and the exisiting investor community including ongoing support and input from TCorp (NSW Treasury Coporation).
Financial Services Closed Fixed Income International Accredited

Terms

Fundraise Information

Total Raise $33,500,000 USD
Soft Cap $0 USD
Raise Status Closed
Minimum Investment $340,000 USD
Accepted Investors International Accredited
Exemptions TBA
Instrument Bond
Token Issuance Info Institutional Transaction

Token Information

Price Per (BONDI2) $1000
Token Issuance Platform bond-i Platform
Secondary Marketplace bond-i Platform
Blockchains Available On Ethereum
Security Type Fixed Income
Asset Class Debt
Ratings -
Token Rights 2.20% p.a. payable semi-annually in arrear 28th February and 28th August in each year

About

Overview

The World Bank (International Bank for Reconstruction and Development, IBRD rated Aaa/AAA) has raised an additional AUD 50 million for its Kangaroo bond due August 2020 - the first bond created, allocated, transferred and managed through its life-cycle using distributed ledger (blockchain) technology.

Issuer(s): World Bank and Commonwealth Bank of Australia (arranger)
Date: 8/28/2019
Country: Australia
Size (Native Currency): 50M AUD
Minimum Investment (Native Currency): 500,000 AUD
Size (USD): $33,500,000
Length: 1 Year
Coupon: 2.20% Payable Semi-annually in arrear

The successful tap expands market participation with the Bond-i platform combining three joint lead managers, Commonwealth Bank of Australia (CBA), RBC Capital Markets (RBC) and TD Securities (TD), and brings together new market participants, including an offshore investor, and the exisiting investor community including ongoing support and input from TCorp (NSW Treasury Coporation).

Highlights

This listing is for informational purposes only, highlighting the issuance information. Trading data is currently unavailable

This token has reached maturity

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