Slovenia became the first European Union member to issue a sovereign digital bond with a 30 million-euro ($32.5 million) note that settled on-chain through the Bank of France's tokenized cash system as part of the European Central Bank's money settlement experimentation program. The four-month notes mature Nov. 25 and carry a coupon of 3.65%. Settlement took place in wholesale central bank digital currency (CBDC) on Thursday, the Slovenian government said. The ECB completed its first test of the settlement of a wholesale CBDC in May and said it would conduct more trials and experiments over the following months.
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