The European Investment Bank has issued its first digital bond using a hybrid combination of private and public blockchain.
February 02, 2023 at 05:36 AM
3 minute read
Brussels Correspondent
Allen & Overy and Clifford Chance have advised a host of financial players in what is believed to be the first ever issuance of a digital bond using a hybrid combination of a public and private blockchain.
The £50-million, two-year bond was priced on Wednesday and will now be issued by the European Investment Bank, with BNP Paribas, HSBC and RBC Capital Markets acting as custodians for investors.
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