News list for " depositary"

French depositary bank issues 100 million euro digital bond to pilot wCBDC settlement

The French depositary bank (CDC) recently issued a 100 million euro (108 million USD) digital bond to be settled using the Bank of France's DL3S DLT platform and its pilot wholesale central bank digital currency, wCBDC. The transaction is part of the European Central Bank's wholesale DLT settlement pilot, which ends this month. The Bank of France avoids using the term wholesale CBDC, instead referring to it as a tokenized representation of central bank money. For the issuance of a CDC, it needs ...

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2024-11-10 03:02:33