Slovenia Becomes First European Union Nation to Issue Sovereign...

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2024-07-29 13:24:03 - Translate -

The Republic of Slovenia issued a sovereign digital bond on Thursday, the first EU state to do so. The four-month notes mature Nov. 25 and carry a coupon of 3.65%. Settlement took place in wholesale central bank digital currency (CBDC) on Thursday, the Slovenian government said. A wholesale CBDC is a digital token designed for use by financial institutions rather than consumers.
https://www.coindesk.com/policy/2024/07/29/slovenia-becomes-first-european-union-nation-to-issue-sovereign-digital-bond/

The Republic of Slovenia issued a sovereign digital bond on Thursday, the first EU state to do so. The four-month notes mature Nov. 25 and carry a coupon of 3.65%. Settlement took place in wholesale central bank digital currency (CBDC) on Thursday, the Slovenian government said. A wholesale CBDC is a digital token designed for use by financial institutions rather than consumers. https://www.coindesk.com/policy/2024/07/29/slovenia-becomes-first-european-union-nation-to-issue-sovereign-digital-bond/

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Slovenia Becomes First European Union Nation to Issue Sovereign Digital Bond

The 30 million-euro ($32.5 million) bond was settled through the Bank of France's tokenized cash system and coordinated by BNP Paribas.

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