PANews reported on November 5 that the Swiss city of Lugano has issued its third digital bond through the SIX Digital Exchange (SDX), with a scale of 120 million Swiss francs (about 139 million US dollars), a term of 9 years, and a coupon rate of 1.00%. The bond is settled in wholesale central bank digital currency (wCBDC), which is an important innovative attempt by Lugano under the Swiss National Bank's Helvetia III project, further consolidating its leading position in the application of blockchain and DLT technology.
The Swiss city of Lugano issues a 120 million Swiss franc digital bond to deepen the application of DLT and central bank digital currency
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