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European Investment Bank Launches First Digital Sterling Bond With RBC and HSBC

The European Investment Bank (EIB) said on Tuesday it had launched its first sterling-denominated digital bond on a private 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 private blockchain while a public blockchain mirror record would provide increased transparency on an anonymised basis, the EIB said.

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