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Security Token Market

Saxony-Anhalt - 50M EUR Token

SAXONY50M

Price
$1.00 USD (0%)
24h Volume
0.00
Market Cap
$55,350,000
Last Trade
October 10, 2024
Last Trade
October 10, 2024
Saxony-Anhalt - 50M EUR logo

SAXONY50M Market Cap & Volume

Source: STM.co

Financial Services Trading Fixed Income International Accredited

Trading History

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Terms

Fundraise Information

Total Raise $55,350,000 USD
Soft Cap -
Raise Status Closed
Minimum Investment -
Accepted Investors International Accredited
Exemptions N/A
Instrument Bond
Token Issuance Info Institutional Transaction

Token Information

Price Per (SAXONY50M) $1 USD (0%)
Token Issuance Platform Clearstream D7
Secondary Marketplace Clearstream D7
Blockchains Available On test
Security Type Fixed Income
Asset Class Debt
Payment Options Other

Token Rights

N/A

About

Overview

German state of Saxony-Anhalt issued €50m in commercial paper via Deutsche Börse’s Clearstream D7 platform. This was a part of the European Central Bank’s wholesale DLT settlement trials.
Issuer(s): Saxony-Anhalt
Date: 9/11/2024
Country/Jurisdiction: Germany
Size (Native Currency): 50M Euros
Size (USD): $55.35M
Length: 1 Year

This was settled using the Bundesbank’s trigger payment solution which triggers a payment on the TARGET2 real time gross settlement system.
Natwest acted as dealer for the commercial paper, with DekaBank Deutsche Girozentrale as the investor.

Highlights

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

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