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Security Token Market

Okasan Securities Group 100th Anniversary ST Bond Token

OKASAN2B

Okasan Securities Group 100th Anniversary ST Bond logo

The Raise Total

$13,400,000

Price Per Token

-

Raise Start

February 26, 2024

Minimum Investment

$6,700

https://www.okasan.jp/english/

To celebrate their 100th anniversary, Japan’s Okasan Securities issued a digital bond of up to Yen 2 billion to retail investors, calling it the Okasan Securities Group No.1 Unsecured Security Token Bond (With inter-bond pari passu clause and transfer restriction).
Financial Services Closed Fixed Income International Non-US

Terms

Fundraise Information

Total Raise $13,400,000 USD
Soft Cap -
Raise Status Closed
Minimum Investment $6,700 USD
Accepted Investors International Non-US
Exemptions N/A
Instrument Bond
Token Issuance Info No lockout period information. Security token geared toward individual investors.

Token Information

Price Per (OKASAN2B) -
Token Issuance Platform Progmat
Secondary Marketplace Progmat
Blockchains Available On R3
Security Type Fixed Income
Asset Class Debt
Ratings -
Token Rights N/A

About

Overview

To celebrate their 100th anniversary, Japan’s Okasan Securities issued a digital bond of up to Yen 2 billion to retail investors, calling it the Okasan Securities Group No.1 Unsecured Security Token Bond (With inter-bond pari passu clause and transfer restriction).

Issuer(s): Okasan Securities Group
Date: 12/20/2023
Country/Jurisdiction: Japan
Size (Native Currency): 2B JPY
Minimum Investment (Native Currency): 1M JPY ($6,700)
Size (USD): $13.4M
Length: 1 Year

Okasan Securities and Mizuho Securities are co-underwriters, Mizuho Bank is the bond manager, and MUFG is the custodian. The bond was issued through MUFG's Progmat.

Highlights

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

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