According to ChainCatcher news reported by Ledger Insights, the French depositary bank (CDC) recently issued 100 million euros (108 million USD) in digital bonds, using the French central bank's DL3S DLT platform and its pilot wholesale central bank digital currency wCBDC for settlement. This transaction is part of the European Central Bank's wholesale DLT settlement pilot, which is set to conclude this month.
The French central bank avoids using the term wholesale CBDC and instead refers to it as a tokenized representation of central bank money. For the issuance of CDC, it needs to synchronize the issuance of digital native notes (DNN) on Euroclear's D-FMI platform with the settlement on the central bank's DL3S.
Additionally, the French pilot CBDC solution has been used for several other digital bond issuances. These include a 30 million euro sovereign bond issued by Slovenia and small commercial papers issued by Dutch banks, as well as several other simulations involving DL3S experiments.