Toyota Finance issues group's first directly placed digital bond token
- —Issue size ¥1 billion, 1.72% coupon, one-year term
- —Demand topped the planned amount tenfold, allocation by lottery
- —Rated AAA by JCR, issued on BOOSTRY's ibet for Fin
- —Applications accepted via the TOYOTA Wallet app without a brokerage account
Why it matters: A major automaker is testing retail tokenized bonds outside traditional brokers, a signal for the digital securities market.
Source: CoinPost