UnionBank - 11B PHP Token

UBP11B


Price
$1 USD (0%)

24h Volume
0

Market Cap
$209,000,000

Last Trade
June 2, 2022

Last Trade
June 2, 2022
UnionBank - 11B PHP logo

UBP11B Price

Trading History

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Terms

Fundraise Information

Total Raise $209,000,000 USD
Soft Cap -
Raise Status Closed
Minimum Investment -
Accepted Investors International Non-US
Exemptions TBA
Instrument Bond
Token Issuance Info No lockout period information available

Token Information

Price Per (UBP11B) $1 USD (0%)
Token Issuance Platform Philippine Depository and Trust Corp. (PDTC)
Blockchains Available On Other
Security Type Fixed Income
Asset Class Debt
Payment Options Other

Token Rights

3.25% per annum

About

Overview

UnionBank of the Philippines has raised ₱11 billion from its maiden digital peso bond offering — the first of its kind in the country.

The digital bonds were issued through the digital registry and digital repository of Philippine Depository and Trust Corp. (PDTC) using infrastructure powered by #STACS blockchain. The new digital infrastructure was kept interoperable with the Philippine Dealing & Exchange Corp (PDEx)

Issuer(s): UnionBank of the Philippines
Date: 6/2/2022
Country/Jurisdiction: Philippines
Size (Native Currency): 11B PHP
Size (USD): $209M
Length: 1.5 Years
Interest Rate: 3.25% per annum

UnionBank tapped HSBC and Standard Chartered as joint lead arrangers and bookrunners for the transaction. They are also the offering’s selling agents along with the company itself.

Highlights

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

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