BNP Paribas issue first Eurozone sovereign digital bond for Slovenia
26 July 2024 Slovenia
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BNP Paribas has issued and placed the first ever sovereign digital bond issuance for the Eurozone and EMEA for Slovenia.
The issuance of the digital bond with on-chain settlement used Banque de France’s tokenised cash solution provided within the European Central Bank’s wholesale central bank money (CeBM) settlement experimentation programme.
BNP Paribas acted as global coordinator and sole bookrunner, with Clifford Chance as advisor.
Robinson Rouchié, CIO SQI, BNP Paribas Asset Management, comments: “The issuance and placement of the first Eurozone sovereign digital bond marks a significant milestone in the financial industry, and we are extremely happy to contribute to this innovative step forward.“
The issuance of the digital bond with on-chain settlement used Banque de France’s tokenised cash solution provided within the European Central Bank’s wholesale central bank money (CeBM) settlement experimentation programme.
BNP Paribas acted as global coordinator and sole bookrunner, with Clifford Chance as advisor.
Robinson Rouchié, CIO SQI, BNP Paribas Asset Management, comments: “The issuance and placement of the first Eurozone sovereign digital bond marks a significant milestone in the financial industry, and we are extremely happy to contribute to this innovative step forward.“
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