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- Climate Awareness Bond of the European Investment Bank successfully issued in dematerialised form through LuxCSD
- Dematerialised issuance significantly reduces inefficiencies and costs for the industry
- Issuance performed as zero risk through delivery-versus-payment (DVP) between the EIB and the lead manager
LuxCSD successfully issued and settled the first dematerialised security following the implementation of the new law in Luxembourg in April 2013. The Climate Awareness Bond with a notional amount of EUR 650 million and a 6 year tenor issued by the European Investment Bank (EIB) was launched into the primary markets on 11 July 2013. On settlement date, the 18 July 2013, LuxCSD successfully handled the dematerialised...
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