EU Investment Bank to Issue € 100 Million Digital Bonds on Ethereum – Bits Media

Ether price exceeded for the first time $2 700 against the background of the news about the issuance of digital bonds for € 100 million by the European Investment Bank on the Ethereum blockchain with the participation of the largest banks.

According to Bloomberg, European Investment Bank commissioned Goldman Sachs, Santander и Societe Generale become joint leading managers for the release of bonds in the amount of € 100 million on the Ethereum. Industry participants distributed news on social networks, After that, the price of ether for the first time in history reached $2 713.

Source: Tradingview

According to the media, 28 April the EU investment bank will issue two -year bonds oriented to professional customers with the AAA rating in accordance with French legislation. For the first time information about, that the European Investment Bank plans to use the capabilities of the blockchain to sell bonds, appeared two weeks ago.