City of Quincy - 10M USD Token

QUINCY10M


Price
$1 USD (0%)

24h Volume
0

Market Cap
$9,615,000

Last Trade
May 14, 2024

Last Trade
May 14, 2024
City of Quincy - 10M USD logo

QUINCY10M Market Cap & Volume

Source: STM.co

Trading History

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Terms

Fundraise Information

Total Raise $9,615,000 USD
Soft Cap -
Raise Status Closed
Minimum Investment $5,000 USD
Accepted Investors Non-Accredited Retail
Exemptions N/A
Instrument Municipal Bond
Token Issuance Info TBA

Token Information

Price Per (QUINCY10M) $1 USD (0%)
Token Issuance Platform Onyx Digital Assets
Blockchains Available On Other
Security Type Fixed Income
Asset Class Debt
Payment Options USD

Token Rights

N/A

About

Overview

The City of Quincy in Massachusetts tokenized a municipal bond on the Onyx private permissioned blockchain, with JPMorgan as the sole underwriter.

Issuer(s): City of Quincy, Massachusetts
Date: 4/25/2024
Country/Jurisdiction: United States
Size (USD): $10M
Minimum Investment (USD): $5,000
Principal Payment Date: May 1 and November 1, starting November 1, 2024
Length: 7 Years
Coupon: 0%
Interest Rate: 5%
S&P Rating: AA

This issuance marks the official launch of Onyx Digital Assets' Digital Debt Service.

Highlights

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

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