LONDON, Jan 31 (Reuters) – The European Funding Financial institution (EIB) stated on Tuesday it had launched its first sterling-denominated digital bond on a personal blockchain, in partnership with BNP Paribas, HSBC and RBC Capital Markets.
The 50 million-pound ($61.60 million), floating-rate bond was registered in a personal blockchain whereas a public blockchain mirror file would offer elevated transparency on an anonymised foundation, the EIB stated.
The sale adopted earlier gross sales by the EIB of euro-denominated digital bonds.
EIB Vice-President Ricardo Mourinho Felix stated the gross sales represented additional innovation within the monetary sector.
“This new monetary device will present further capital move that the EIB will put money into initiatives with international impression,” he stated.
($1 = 0.8117 pound)
Writing by William Schomberg
: .