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Czech National Bank Issues First Tokenized Bonds in DLT Trial

Transaction volumes were in the tens of thousands of Czech koruna, and the Central Securities Depository operated the ledger infrastructure.

By Simon Yoon
Published
Early sunlight cuts across the Czech National Bank’s stone facade / TokenPost.ai (macro)
Early sunlight cuts across the Czech National Bank’s stone facade / TokenPost.ai (macro)

The Czech National Bank (CNB), the Czech Republic’s central bank, issued its first tokenized bonds and tested sales and interest payments on distributed-ledger technology, where settlement was nearly instantaneous.

The Central Securities Depository operated the ledger infrastructure. Transaction volumes were in the tens of thousands of Czech koruna.

Malaysia offers a comparison: Bank Negara Malaysia’s SSDS+ platform for tokenized bonds and sukuk handles issuance and safekeeping. RENTAS+ connects to SSDS+ to move bond purchase payments in central bank money and enable settlement around the clock.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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