Tokenised bond

Cash management - treasury - blockchain - tokens - tokenisation - bonds.

In the context of blockchain, a tokenised bond is a representation of a traditional bond, as a registry entry in the blockchain.

Four tokenised bond issuances successfully settled in wholesale CBDC

"[The BIS reports that] Helvetia III piloted tokenised central bank money for wholesale use, often referred to as wholesale CBDC.

Participating banks used Swiss franc wholesale CBDC to settle transactions with tokenised bonds on SIX Digital Exchange (SDX) - a regulated trading and settlement platform for tokenised assets.

Since the start of the pilot, four tokenised bond issuances and one secondary market transaction have been successfully settled in wholesale CBDC."

Naresh Aggarwal, associate director, policy & technical, ACT - July 2024.

See also

• Bank for International Settlements (BIS)
• Blockchain
• Bond
• Cash management
• Central bank digital currency (CBDC)
• Central bank money
• Digital asset
• Intangible assets
• Invoice tokenisation
• Issuance
• Regulation
• Secondary market
• Settle
• Token
• Tokenise
• Tokenised deposit
• Treasury
• Wholesale central bank digital currency (wCBDC)

Other resources

• Central Bank Digital Currencies (CBDCs) and other digital currencies - Naresh Aggarwal, associate director, policy & technical, ACT - July 2024

• Embracing diversity, advancing together – results of the 2023 BIS survey on central bank digital currencies and crypto - Bank for International Settlements (BIS) Paper 147 - June 2024