Davivienda - 110M COP Token

Overview

The IDB Group — comprised of the Inter-American Development Bank, IDB Invest and IDB Lab — and Colombia’s Davivienda Bank successfully issued the first blockchain bonds in Latin America and the Caribbean, as a pilot project within Colombia’s regulatory innovation sandbox.

Issuer(s): Banco Davivienda and IDB Group
Date: 8/23/2022
Country/Jurisdiction: Colombia
Size (Native Currency): 110M COP
Size (USD): $22,972
Blockchain: LACChain
Length: N/A
Interest Rate: N/A

The processes of authorization, initial registration, and subsequent cancellation of the bond's registration in the National Registry of Securities and Issuers (RNVE), as well as the issue, trading, payment registration and compliance of the bond were done entirely on blockchain.