LBANK - 50M EUR Token

LBANK50M

LBANK - 50M EUR logo

The Raise Total

$54,000,000

Price Per Token

-

Raise Start

October 28, 2024

Minimum Investment

-

https://www.l-bank.info/en/about-l-bank/our-mission?lang=en

L-Bank, the development bank owned by the German State of Baden-Württemberg, issued tokenized commercial paper via the Deutsche Börse Clearstream D7 plaform

Terms

Fundraise Information

Total Raise $54,000,000 USD
Soft Cap -
Raise Status Closed
Minimum Investment -
Accepted Investors International Accredited
Exemptions N/A
Instrument Commercial Paper
Token Issuance Info Institutional Transaction

Token Information

Price Per (LBANK50M) -
Token Issuance Platform D7
Secondary Marketplace Clearstream
Blockchains Available On Hyperledger
Security Type Fixed Income
Asset Class Debt
Payment Options Other

Token Rights

N/A

About

Overview

L-Bank, the development bank owned by the German State of Baden-Württemberg, issued tokenized commercial paper via the Deutsche Börse Clearstream D7 plaform.

Issuer(s): L-Bank
Date: 10/28/2024
Country/Jurisdiction: Germany
Size (Native Currency): €50 Million
Size (USD): $54 Million
Length: 1 Month
Interest Rate: N/A
Blockchain: Hyperledger

This is part of the ECB wholesale DLT trials, with payment using the Bundesbank’s trigger solution. Natwest Markets BV was the lead manager and investor.

Highlights

This listing is for informational purposes only, highlighting the issuance information. Trading data is currently unavailable

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