On July 25, 2024, Slovenia issued its first digital bond, marking a significant milestone as the first EU sovereign and one of the earliest worldwide to do so. The bond issuance occurred under the European Central Bank’s (ECB) wholesale central bank money settlement experimentation program. The settlement was executed on-chain in wholesale central bank digital money through Banque de France’s interoperable and tokenized cash solution (DL3S). BNP Paribas served as the global coordinator, sole bookrunner, and DLT platform operator via its Neobonds private tokenization platform. The bond, sized at EUR 30 million with a 3.65% coupon and maturing on Nov. 25, reflects Slovenia’s commitment to integrating new technologies into government debt management and financial markets. This initiative is expected to enhance market transparency and efficiency, with the significance of distributed ledger technology anticipated to grow in the future.
Slovenia Launches First Digital Bond in EU Sovereign History
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