OTCbid - World Bank and Australia's Largest Bank Issue First Global Blockchain Bond

Updated: Aug 25, 2018

" The World Bank and Australia's largest bank, the Commonwealth Bank of Australia, have issued a public bond exclusively through the blockchain. The $100 million AUD ($73.16 million USD) deal is made up of two-year bonds. It expected to settle by August 28, 2018 and yield a 2.25 percent return.

The prototype bond, dubbed "Bond-i" (Blockchain Operated New Debt Instrument) is seen by participants as a milestone and a step forward toward automation of bond sales. " - Jimmy Aki - Read Full Article

Source: BitcoinMagazine

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