Philippines Sells $270 Million of Tokenized Bonds

Enable Dark ModeMarketsCryptoWeb3CultureOpinionPoliticsSubscribeLoginPhilippines Sells $270 Million of Tokenized Bonds21st November 2023No commentsPhilippines Tokenized Bonds, Nov 2023Philippines has become one of the first country in the world to sell tokenized bonds on a distributed ledger, raising $270 million.

"The Bureau of the Treasury (BTr) saw strong demand from qualified institutional investors for the Republic’s first-ever Tokenized Treasury Bonds (TTBs), with the size of the book reaching P31.426 billion ($560 million), more than three times the target issue size of P10 billion ($180 million)," the Treasury said, adding: Gain access.Read MoreComment

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Philippines Sells $270 Million of Tokenized Bonds21st November 2023No commentsPhilippines Tokenized Bonds, Nov 2023Philippines has become one of the first country in the world to sell tokenized bonds on a distributed ledger, raising $270 million.

"The Bureau of the Treasury (BTr) saw strong demand from qualified institutional investors for the Republic’s first-ever Tokenized Treasury Bonds (TTBs), with the size of the book reaching P31.426 billion ($560 million), more than three times the target issue size of P10 billion ($180 million)," the Treasury said, adding: Gain access.Read MoreComment

21st November 2023No commentsPhilippines Tokenized Bonds, Nov 2023Philippines has become one of the first country in the world to sell tokenized bonds on a distributed ledger, raising $270 million.

"The Bureau of the Treasury (BTr) saw strong demand from qualified institutional investors for the Republic’s first-ever Tokenized Treasury Bonds (TTBs), with the size of the book reaching P31.426 billion ($560 million), more than three times the target issue size of P10 billion ($180 million)," the Treasury said, adding: Gain access.Read MoreComment

21st November 2023

21st November 2023

21st November 2023

Philippines Tokenized Bonds, Nov 2023

Philippines has become one of the first country in the world to sell tokenized bonds on a distributed ledger, raising $270 million.

"The Bureau of the Treasury (BTr) saw strong demand from qualified institutional investors for the Republic’s first-ever Tokenized Treasury Bonds (TTBs), with the size of the book reaching P31.426 billion ($560 million), more than three times the target issue size of P10 billion ($180 million)," the Treasury said, adding: Gain access.Read MoreComment

Philippines has become one of the first country in the world to sell tokenized bonds on a distributed ledger, raising $270 million.

"The Bureau of the Treasury (BTr) saw strong demand from qualified institutional investors for the Republic’s first-ever Tokenized Treasury Bonds (TTBs), with the size of the book reaching P31.426 billion ($560 million), more than three times the target issue size of P10 billion ($180 million)," the Treasury said, adding:

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