Bond- I: World’s First Blockchain Bond
- The World Bank launched bond-i (blockchain operated new debt instrument), world’s first bond to be created, allocated, transferred and managed through its life cycle using distributed ledger technology.
- The bond-i is based on a platform developed by the Commonwealth Bank’s Blockchain Centre of Excellence.
- The World Bank has chosen the Commonwealth Bank of Australia (CBA) to be the sole arranger of the first bond globally .
- Investors in the bond include CBA, First State Super, NSW Treasury Corporation, Northern Trust, QBE, SAFA, and Treasury Corporation of Victoria.
- World Bank’s bonds hold an AAA rating, creating a new bond market and also engineers new methods ....
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