Swedish real estate company Vasakronan last week became the first issuer to print a fully digitally issued bond. The 15 year Australian dollar note was also the first paper to be wholly processed on the Origin fintech platform.
Vasakronan issued a A$30m ($20.9m) 3.27% June 2034 green note on June 19. Citi priced the trade at par.
Using Origin, Citi was able to complete a trade digitally for the first time. Communication with the issuer was carried out on the platform, allowing for near instantaneous updates and amendments.