Linklaters advises EIB on the issuance of Notes on the Ethereum public blockchain for central bank digital currency issued by the Banque de France

Linklaters has advised the European Investment Bank (EIB) which today issued its first ever notes in digital form on the Ethereum public blockchain. The EUR 100 million 2-year notes were placed with key market investors and represents the market’s first multi-dealer led, primary issuance of notes recorded to a public blockchain. The notes were issued on a delivery versus delivery basis against central bank digital currency (CBDC) which was issued as part of the Banque de France’s CBDC trial. Goldman Sachs, Santander and Société Générale were joint lead managers.