New Issue: IMEC

The Opportunity of a Generation, Secured in Gold

The India-Middle East-Europe Economic Corridor (IMEC) was launched at the G20 summit in New Delhi in September 2023 through a memorandum of understanding signed by India, Saudi Arabia, the United Arab Emirates, the United States, France, Germany, Italy and the European Union; its planned route also crosses Jordan and Israel. Its proponents see it as one of the most significant changes to Asia–Europe trade routes in decades.

IFB, as arranger, offers qualified investors direct participation in this transformative corridor through a USD 250 million Covered Structured Medium-Term Bond Programme issued by IFBH GmbH – a rare combination of infrastructure-linked upside and hard-asset security.

Why invest now?

IMEC is at an early stage. Investors who participate now take an early position – with the corresponding risks, including political risk in the region and the possibility of delays.

What makes this bond structurally compelling?

The programme is backed by physical gold – a collateral structure that insulates investors from the sovereign and currency risks that typically accompany emerging-market infrastructure exposure. The underlying bond is admitted to the Euro MTF Professional Segment of the Luxembourg Stock Exchange, providing regulatory credibility, secondary market transparency, and a recognized framework under Luxembourg law.

The instrument combines:

• Hard-asset collateral (physical gold backing) providing a floor on recovery in adverse scenarios
• Infrastructure-linked returns tied to one of the most strategically significant trade corridors in the world
• Geopolitical tailwinds – IMEC enjoys active support from Washington, Brussels, Riyadh, and New Delhi simultaneously, a convergence of interests rarely seen
• Structured documentation compliant with international capital markets standards, including full prospectus disclosure and legal opinions under Luxembourg law

The macro case is unambiguous.

The planned railway, port and digital infrastructure links Indian ports such as Mundra and Mumbai, via the United Arab Emirates, Saudi Arabia and Jordan, to Haifa and onward to European ports such as Piraeus, Trieste and Marseille. Proponents estimate that it could shorten transit times between India and Europe by up to 40% compared with the Suez route. Shorter supply chains free working capital, and the financiers of the infrastructure stand to share in that value.

The ask is simple.

This bond offers a disciplined investor a documented, gold-secured entry point into one of the major infrastructure projects of the decade – structured to institutional standards, listed on a recognized exchange, and governed by one of the world’s most creditor-friendly legal jurisdictions.

Investing in bonds involves risks, including the loss of capital. Please read the prospectus, in particular the risk factors, before investing.

For subscription terms, prospectus documentation, and investor onboarding, click here.