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EU100 million 2-year digital bond issued by the European Investment Bank

The European Investment Bank (EIB), which is rated Aaa/AAA/AAA (all stable), has designated Goldman Sachs International, Santander, and Société Générale as joint-lead managers for its first EUR 100 million two-year digital bond issue, which would be issued on April 28, 2023.

Author:Dexter Cooke
Reviewer:Darren Mcpherson
May 24, 2021
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What Is It All About?

The European Investment Bank (EIB), which is rated Aaa/AAA/AAA (all stable), has designated Goldman Sachs International, Santander, and Société Générale as joint-lead managers for its first EUR 100 million two-year digital bond issue, which would be issued on April 28, 2023. Goldman Sachs Group, Banco Santander SA, and Societe Generale SA have been appointed joint-lead managers for the bank's initial offering. The notes will allegedly be tracked using distributed ledger technology on the public Ethereum blockchain network.
There is no listing. 100k+100k are the denominators. The rule of France. Documentation that can be used independently. Only the rules apply. Type that has been fully registered. Only qualifying counterparties and specialist clients are the manufacturer's target market (Mifid II/MIFIR product governance) (all distribution channels) Today's business is anticipated.
What is this all about
What is this all about

Why Is It Interesting?

On the Bitstamp Exchange, Ethereum, the world's second largest crypto currency after Bitcoin, hit a new high of $2,683.65 on Tuesday. Bitcoin was last trading at $54,984.31, up 1.68 percent, but still more than 15% below its April 14 high of 64,895.22. The news that JPMorgan Chase is preparing to offer a controlled bitcoin fund boosted the digital currencies. This is gonna be the time that ETH will go to the moon. Traders and coin holders will be first to get the benefit of this and also will have an impact on the future of the ETH and other coins.
However, cryptos have encountered some opposition after US President Joe Biden announced plans to increase capital gains taxes, a step that could reduce investment in digital assets. (Editing by Aurora Ellis and Jacqueline Wong; reporting by Kevin Buckland in Tokyo, Stephen Culp and Gertrude Chavez-Dreyfuss in New York.)
Investors are using ether to purchase virtual art or land in the form of non-fungible tokens (NFTs) on platforms like SuperRare and Decentraland, driving up demand for the token.
Why is it interesting
Why is it interesting

What Are The Possibilities To Open For The Future?

Since the European Investment Bank is preparing an inaugural "digital bond" sale on the Ethereum blockchain network. According to the source, the €100 million (roughly $121 million) issuance of two-year notes will be priced on Tuesday. The ETH will have more projects and maybe ETH will surpass Bitcoin, no one knows but it has potential.
However, cryptocurrency prices are volatile, and even though the Ethereum outlook for 2023 appears to be optimistic, the price could ascend.
But in 2021, how far will Ethereum go? If the ether price will stay above $2,000, some analysts say the coin's value will continue to rise.
As a result, ETH will have more ventures, and it is possible that ETH will overtake Bitcoin; no one knows for sure, but it has potential. Cryptocurrency prices are unpredictable, and while the Ethereum outlook for 2023 appears to be optimistic, the price could ascend.
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Dexter Cooke

Dexter Cooke

Author
Dexter Cooke is an economist, marketing strategist, and orthopedic surgeon with over 20 years of experience crafting compelling narratives that resonate worldwide. He holds a Journalism degree from Columbia University, an Economics background from Yale University, and a medical degree with a postdoctoral fellowship in orthopedic medicine from the Medical University of South Carolina. Dexter’s insights into media, economics, and marketing shine through his prolific contributions to respected publications and advisory roles for influential organizations. As an orthopedic surgeon specializing in minimally invasive knee replacement surgery and laparoscopic procedures, Dexter prioritizes patient care above all. Outside his professional pursuits, Dexter enjoys collecting vintage watches, studying ancient civilizations, learning about astronomy, and participating in charity runs.
Darren Mcpherson

Darren Mcpherson

Reviewer
Darren Mcpherson brings over 9 years of experience in politics, business, investing, and banking to his writing. He holds degrees in Economics from Harvard University and Political Science from Stanford University, with certifications in Financial Management. Renowned for his insightful analyses and strategic awareness, Darren has contributed to reputable publications and served in advisory roles for influential entities. Outside the boardroom, Darren enjoys playing chess, collecting rare books, attending technology conferences, and mentoring young professionals. His dedication to excellence and understanding of global finance and governance make him a trusted and authoritative voice in his field.
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