EIB issues digital bond on public blockchain

EIB issues digital bond on public blockchain

The European Investment Bank (EIB) has issued a EUR100 million two-year bond using public blockchain technology.Goldman Sachs, Santander and Societe Generale acted as joint lead managers for the transaction, which represents the market’s first multi‑dealer led, primary issuance of digitally native tokens using public blockchain technology.

The EIB issued a series of bond tokens on the Ethereum blockchain where investors purchased and paid for them using traditional fiat. Read more