EIB - 100M EUR 2 Token

Overview

The European Investment Bank (EIB) — in collaboration with Goldman Sachs Bank Europe, Santander and Société Générale — launched Project Venus, their second euro-denominated digitally native bond issue and first using private blockchain technology.

The €100 million, two-year bond was issued, recorded and settled using private blockchain-based technology, and represents the inaugural issuance on Goldman Sachs’ tokenisation platform – GS DAP.

Issuer(s): European Investment Bank (EIB)
ISIN: LU2542747121
Date: 11/29/2022
Country/Jurisdiction: Luxembourg
Size (Native Currency): 100M Euros
Size (USD): $104M
Length: 2 Years
Coupon: 2.507% annual
Admission: Luxembourg Stock Exchange SOL (Securities Official List)
Blockchain: Private Goldman Sachs Blockchain

Banque de France and the Banque centrale du Luxembourg took part in the project to provide a digital representation of euro central bank money in the form of tokens. Société Générale Security Securities Services (SGSS Luxembourg) and Goldman Sachs Bank Europe SE acted respectively as on-chain custodian and account keeper.