European Investment Bank launches first-ever sterling denominated digital bond

Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! According to the announcement, the EIB has priced its first £50 million digital bond using a combination of private and public blockchains operated and accessed via HSBC Orion – the bank’s tokenization platform.

HSBC Orion will be tasked with holding the dematerialized digital bonds in digital securities accounts while BNP Paribas, HSBC, and RBC Capital Markets will act as custodians for existing clients who invest in this digital bond. “The time has come for further innovation in the financial sector, and we are pleased to issue the first digital bond in pound sterling on a private and public blockchain with the support of our counterparts,” said EIB Vice-President Ricardo Mourinho Felix. “This new financial tool will provide additional capital flow that the EIB will invest in projects with global impact.”

As the world moves towards the digitalization of capital markets, this release marks an important step in that process as financial institutions around the world look to adopt blockchain technology to “significantly enhance global debt capital market operations,” said Arnaud Delestienne, LuxSE Director of International Capital Markets.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Core Scientific to borrow millions from investment bank after court approvalCore Scientific has received permission from the bankruptcy court to borrow up to $70 million from B. Riley. The new credit facility will replace an existing one that was extended by B. Riley in December 2022. The U.S. Bankruptcy Court for the Southern District of Texas has granted Core Scientific the green light to go […]
Herkunft: CryptoAmb - 🏆 22. / 68 Weiterlesen »

Premarket: World stocks waver as investors catch central bank jittersHotter-than-expected European inflation reports weigh on investor sentiment ahead of rate decisions later in the week from the Federal Reserve and the European Central Bank
Herkunft: globeandmail - 🏆 5. / 92 Weiterlesen »

Investment funds that are moving to defensive positions, and some that are notWe are looking for ETF and DIY mutual funds that changed their defensive exposure in 2022
Herkunft: globeandmail - 🏆 5. / 92 Weiterlesen »

Massive new North American lithium mine closer to reality with GM investment in Lithium AmericasCanadian lithium development company has landed a US$650-million financing and supply agreement with General Motors I don't think the green movement will like it unless the lithium was mined by hand
Herkunft: globeandmail - 🏆 5. / 92 Weiterlesen »

Automaker GM makes $650m investment in Thacker Pass lithium developerAutomotive giant General Motors (GM) has made a $650-million investment in Lithium Americas, the developer for the Thacker Pass mining project in Nevada. This investment – said to be the biggest-ever by an automaker to produce battery raw materials – would support the development of the biggest-known lithium resource in the US. Thacker pass will supply enough lithium for up to one-million electric vehicles a year.
Herkunft: MiningWeeklyCA - 🏆 48. / 63 Weiterlesen »