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Czech National Bank Completes a Distributed-Ledger Bond Test

The bond had a face value of 10,000 Czech koruna (about $453). Česká spořitelna served as the counterparty on a CSD Prague platform.

A plain bond slip beside a compact settlement terminal / TokenPost.ai (macro)
A plain bond slip beside a compact settlement terminal / TokenPost.ai (macro)

The Czech National Bank (CNB) completed a bond test using distributed-ledger technology (DLT) on CSD Prague’s platform, the first infrastructure licensed under the European Union’s DLT Pilot Regime.

The bond had a face value of 10,000 Czech koruna (about $453). The Czech National Bank Lab conducted the test, with Česká spořitelna as the counterparty. Transactions included bond purchases and sales, interest payments and repurchases.

Simon Yoon

Reporter

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

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