Africa Finance Corporation (AFC) has priced a CHF 350 million five-year digital bond, making it the first African institution to issue a tokenised security listed, traded and settled on a regulated digital exchange. The bond is also the largest digital bond ever issued in the Swiss Franc market, and AFC’s fourth Swiss Franc issuance overall, following its inaugural CHF 150 million green bond in 2020.The bond carries a coupon of 1.4925% and was issued under AFC’s US$5 billion Global Medium-Term Note Programm ...