Slovenia has become the first EU member to issue a sovereign digital bond, reports CoinDesk. The €30 million bond, with a maturity date of 25 November, was issued as a part of the European Central Bank’s (ECB) DLT trials for settling wholesale central bank money (CeBM).
The bond was settled on-chain through Banque de France’s DL3S tokenised cash system and coordinated by BNP Paribas, using its Neobonds DLT platform.
In a statement about the issuance, the Slovenian government says, “These initial transactions and experiments with tokenised CeBM represent an important stepping stone to greater transparency and efficiency of financial markets with wider technology adoption.”
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