World Bank and Australia's Largest Bank Issue First Global Blockchain Bond
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n nn nn 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.
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