LONDON--(BUSINESS WIRE)--Citi Issuer Services has completed the settlement of the Climate Investment Funds (CIF) Capital Market Mechanism (CCMM)’s first bond issuance today. The issuance is part of CCMM’s borrowing program which was listed in November 2024. Citi serves as Note Trustee, Principal Paying Agent, and Calculation Agent for the program. The inaugural 3-year bond raised US$500 million with proceeds to be used for the Clean Technology Fund (CTF) to scale up low-carbon technologies. Dir...
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