Huaxia Bank leads the book-building and issuance of the industry's first "Blockchain + Digital RMB" bond

According to market news, recently, Huaxia Bank led the book-building process and successfully issued 4.5 billion yuan in financial bonds with an industry-first "blockchain book-building + digital RMB collection" innovative model.

The entire issuance process information is recorded on the blockchain in real-time and is tamper-proof, allowing investors to check at any time. The raised funds are directly collected through digital RMB, eliminating multiple intermediate clearing links. The issuer of this bond is Huaxia Financial Leasing Co., Ltd., a subsidiary of Huaxia Bank. The initial plan for this bond issuance was to issue 3 billion yuan, with a simultaneous setting of 1.5 billion yuan in over-allotment rights, ultimately triggering the over-allotment in full, concluding at the full amount of 4.5 billion yuan, with a 3-year coupon rate locked at 1.84%.