According to Odaily, the European Investment Bank (EIB) has issued its fifth digital bond, valued at €100 million, utilizing a pilot euro wholesale central bank digital currency (wCBDC) for settlement. This initiative is part of the European Central Bank's recently concluded wholesale distributed ledger technology (DLT) settlement trial. The issuance took place on the HSBC Orion platform, marking the EIB's second use of this platform.
Each digital bond issued by the EIB explores a new feature, often involving different issuance platforms. The EIB's inaugural digital bond was launched in 2021 on the Ethereum blockchain. The fourth bond was categorized as a green bond, while the latest issuance incorporates a novel settlement asset. This ongoing exploration of digital bonds by the EIB highlights its commitment to leveraging innovative technologies in the financial sector.
