The European Investment Bank issues 100 million euros in digital bonds for wholesale CBDC settlement

ChainCatcher news, according to Ledger Insights, the European Investment Bank (EIB) has issued its fifth digital bond, amounting to €100 million, using a pilot wholesale Central Bank Digital Currency (wCBDC) for settlement. This is part of the European Central Bank's wholesale DLT settlement trial that concluded this month.

The EIB issued this digital bond on the HSBC Orion platform, marking the second time the EIB has used this platform. Each digital bond issued by the European Investment Bank explores a new feature, typically involving different issuance platforms. Its first issuance was in 2021 on the Ethereum blockchain. The fourth bond was a green bond, and the latest bond utilized a new type of settlement asset.