Deployments · SIX Digital Exchange (SDX) · platform by SIX

Africa Finance Corporation digital CHF bond on SDXNew

A five-year CHF 350 million bond from the Africa Finance Corporation, deposited with SIX Digital Exchange and admitted to trading on SIX Swiss Exchange, with clearing and settlement through SIX SIS. AFC calls it the first digital bond from an African institution and the largest digital bond in the Swiss franc market. Commerzbank was technical lead arranger and Deutsche Bank co-arranger; about 90% of demand came from Swiss investors.

AnnouncedProof of conceptPilotLive (limited)Live (scaled)

Live (limited) since 2026^[1] — Single listed issue outstanding until July 2031. · Reviewed 14d ago

Assets: Debt security^[1]
Five-year CHF bond under AFC's medium-term note programme (CH1484612093)
Networks: SIX digital assets ledger Private, permissioned^[1]
Use cases: Primary issuance^[1]
Jurisdictions: Switzerland

Participants

Africa Finance CorporationIssuer^[1]Nigeria
CommerzbankDistributor, Arranger or dealer^[1][4]Germany
Deutsche BankDistributor, Arranger or dealer^[1][4]Germany
SIXPlatform provider, Operator, Depositary or trustee^[1]Switzerland
Aluko & OyebodeLegal or professional adviser^[4]Nigeria
Investors were about 57% banks and financial institutions, 37% asset managers and 6% hedge funds, about 90% of them Swiss.^[1]

Operates under

FINMA licences for SIX Digital Exchange AG (central securities depository) and SDX Trading AG (stock exchange)Switzerland · Licence or charter^[3]

Likely relevant regulation

Swiss DLT Act (Federal Act on the Adaptation of Federal Law to Developments in Distributed Ledger Technology)Switzerland

Assets

IssuesAfrica Finance Corporation 5-year CHF 350m digital bond on SDX, 2026^[1]

Metrics

CHF 350mDigital bonds issued · as of 2026^[1]

Timeline

Expected 28 Jul 2031 · Retired · recorded 15 Oct 2026
Scheduled maturity of the bond.^[2]
Happened 2026 (year only) · Launch · recorded 15 Oct 2026
AFC issues a CHF 350 million five-year digital bond deposited with SDX and listed on SIX Swiss Exchange.^[1]

Sources

[1]AFC Raises CHF 350m Digital Bond in Swiss Franc Market First — The Fintech Times, 29 Sep 2026. Accessed 15 Oct 2026.C
[2]1.492 AFRICA 26-31 (bond details) — SIX Swiss Exchange. Accessed 15 Oct 2026. Read via SIX's reference data feed (fqs/ref.json): issuer, ISIN, coupon 1.492, maturity 28 July 2031..A
[3]FINMA issues first-ever approval for a stock exchange and a central securities depository for the trading of tokens — FINMA. Accessed 15 Oct 2026.A
[4]Aluko & Oyebode Advises on AFC's CHF 350 Million Digital Bond Issuance — Aluko & Oyebode, 21 Sep 2026. Accessed 28 Oct 2026. Law firm's deal notice; calls Commerzbank and Deutsche Bank the joint lead managers..C

Spotted something out of date or missing? Suggest a correction, ideally with a source.