Luxembourg issues €1.7B sovereign bond natively on blockchain
- —Issue size €1.7 billion, 10-year maturity, 3.70% coupon
- —Order book reached €3.1 billion, nearly double the deal size
- —Issued via LuxCSD on Clearstream's D7 DLT platform
- —Eligible as collateral in Eurosystem credit operations
Why it matters: The first AAA-rated sovereign benchmark issued natively on blockchain shows DLT infrastructure can handle large government debt deals.
Source: Journal du Coin