According to Bloomberg, the European Investment Bank (EIB) has mandated Goldman Sachs, Santander and Société Générale to be joint lead managers for a €100 million bond issuance on the Ethereum blockchain.
The issue date is 28 April for the two-year AAA-rated bond that complies with French law and is targeted at professional clients. Two weeks ago, it was rumored that the bond was in the works.
While Société Générale and Santander have both previously issued bonds on the public Ethereum network, those bonds or security tokens were bought by associated entities. In contrast, the EIB bonds are being sold to third parties, so it’s a much bigger milestone. Update: The EIB said settlement used central bank digital currency.
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