Category: European Investment Bank

A closer look at the European Investment Bank’s first Ethereum-based bond

Quick Take The lending arm of the European Union recently issued a €100 million bond using the Ethereum public blockchain. The transactions were settled with the help of a short-lived supply of digital euros issued by France’s central bank. Two officials from the EIB spoke with The Block about how they designed the bond — […]

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European Investment Bank Distributes $121 Million in Ethereum-based Digital Bonds

The European Investment Bank (EIB), the investment bank owned by the EU Member States, has announced the issuance of the organization’s first-ever digital bond built on a public blockchain. The bond was issued using Ethereum and the issuance invoked $121 million two-year bonds placed with key market investors. EIB Issues Digital Bonds Built With Ethereum […]

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EIB issues CBDC-denominated digital bond on Ethereum blockchain

The European Investment Bank (EIB), the European Union’s lending arm, announced Wednesday that it issued its first-ever bond on the Ethereum blockchain.  The bond, issued yesterday, is worth €100 million ($121 million) and will mature on April 28, 2023. Money from underwriters — those assuming risk by buying into a bond — is represented as […]

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JP Morgan and European Investment Bank Set Eyes on ETH as Ether Sets ATH

JP Morgan and European Investment bank have shown interest in adding ETH-based products for their clients quite similar to the growing institutional adoption of Bitcoin. The European Investment bank is planning to offer digital bonds on the Ethereum network, while JP Morgan sees Ether as a viable investment option. In one of its latest reports, […]

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European Investment Bank to price €100 million in bonds on Ethereum: report

The European Investment Bank (EIB), the investment and development arm of the European Union, plans to price €100 million in bonds registered in the Ethereum network. According to a report by Bloomberg, the EIB’s inaugural blockchain bond sale will consist of €100 million in two-year notes. The bonds could be priced today. The sale of […]

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