In Shenzhen, China, a state-owned enterprise has issued the world's first digital bonds backed by real-world assets on the Ethereum blockchain. This move marks a significant event in the financial technology sector.
First Use of Digital Bonds
The issuance took place in Hong Kong, where a series of bonds worth 500 million yuan (approximately $69 million) was launched. This event is an important step in the digital finance and innovative technology landscape.
Financial Details and Structure
The bonds have a maturity of two years and a coupon rate of 2.62%. This issuance follows the successful completion of the company's first international bond issue in October 2024.
Shenzhen's Role in the Financial Market
Company officials noted that this move will help expand global financing channels, optimize capital structure and leverage Hong Kong's policy advantages. Additionally, it underscores Shenzhen's leading role in finance and demonstrates the integration of innovative financing mechanisms and digital technologies.
Thus, the issuance of digital bonds on the Ethereum blockchain highlights the growing interest in innovative financial instruments and opens new opportunities for the bond market.
