{"id":85177,"date":"2024-07-26T16:50:44","date_gmt":"2024-07-26T20:50:44","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=85177"},"modified":"2024-07-26T16:56:48","modified_gmt":"2024-07-26T20:56:48","slug":"bnp-paribas-hosts-issuance-of-slovenias-digital-bond","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/bnp-paribas-hosts-issuance-of-slovenias-digital-bond\/","title":{"rendered":"BNP Paribas Hosts Issuance of Slovenia\u2019s Digital Bond"},"content":{"rendered":"\n

Slovenia introduced the Eurozone's first sovereign digital bond and used the Canton blockchain technology for on-chain settlement<\/a>.<\/p>\n\n\n\n

\"BNP
BNP Paribas Hosts Issuance of Slovenia\u2019s Digital Bond<\/figcaption><\/figure>\n\n\n\n

Through the use of the tokenized currency solution<\/a> provided by the Banque de France and an on-chain transaction handled by the French banking behemoth BNP Paribas, Slovenia has issued the first sovereign digital bond in the Eurozone. <\/p>\n\n\n\n

According to a press statement from BNP Paribas on Friday, the issuance was a part of the European Central Bank's experimental program for wholesale central bank money settlement. The Canton blockchain-based Neobonds technology from BNP Paribas was used to issue the Slovenian digital bond.\u00a0<\/p>\n\n\n\n

BNP Paribas CIB global head primary markets, Frederic Zorzi said in the release:\u00a0<\/p>\n\n\n\n

\n

“BNP Paribas is committed to contributing to the Eurosystem-led wholesale digital settlement solutions that will make bond settlement more efficient and secure,”<\/p>\n<\/blockquote>\n\n\n\n

Neobonds, according to BNP Paribas, documented the legal ownership of digital bonds<\/a> and allowed network users to oversee the operational framework for bond issuance and secondary market trading. The bond has a 3.65% coupon and matures on November 25th. <\/p>\n\n\n\n

It has a nominal value of \u20ac30 million. The financial technology startup Digital Asset introduced Canton in 2021 to build an interoperable, privacy-enabled blockchain network\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> offering institutional clients a decentralized infrastructure. In addition to BNP Paribas, additional companies on the list of network participants are Deloitte, Microsoft, Cboe Global Markets, and Goldman Sachs.<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Slovenia introduced the Eurozone’s first sovereign digital bond and used the Canton blockchain technology for on-chain settlement. Through the use of the tokenized currency solution provided by the Banque de France and an on-chain transaction handled by the French banking behemoth BNP Paribas, Slovenia has issued the first sovereign digital bond in the Eurozone. According […]<\/p>\n","protected":false},"author":43,"featured_media":85178,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[20851,20652,20852],"class_list":["post-85177","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bnp-paribas","tag-digital-bond","tag-slovenia"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/07\/croc_1722025146915.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/85177","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=85177"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/85177\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/85178"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=85177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=85177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=85177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}