European Investment Bank is issuing 2 year digital bonds on Ethereum | Crypto Craft
Added at 12:01pm

  • European Investment Bank to price €100 million in bonds on Ethereum: report

    From theblockcrypto.com

    The European Investment Bank (EIB), the investment and development arm of the European Union, plans to price €100 million in bonds registered in the Ethereum network. According to a report by Bloomberg, the EIB’s inaugural blockchain bond sale will consist of €100 million in two-year notes. The bonds could be priced today. The sale of the Ethereum-based bonds is being overseen by investment banks Goldman Sachs, Banco Santander, and Societe Generale. The news follows an earlier report by Bloomberg on the banks’ appointment on April 13. Both Santander and Societe Generale have issued bonds on the public ... (full story)

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yieldjunkie
Apr 27, 2021 1:31pm
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Woah! In a relative sense this is a very small issuance, but either way very interesting.
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Trader#77D5
Apr 27, 2021 7:27pm
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Call it a pilot. Good for them. question is this: what value is there in selling bonds in a chain rather than the typical eatablished monetary system which is effectivly a digital version of cash anyways. Answer is probably a position devoid of fraud. Any others care to speculate?
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