Golden Finance reports that the French Depository Bank (CDC) recently issued €100 million ($108 million) in digital bonds, settled using the French central bank's DL3S DLT platform and its pilot wholesale central bank digital currency wCBDC. This transaction is part of the European Central Bank's wholesale DLT settlement pilot, which will conclude this month. The French central bank avoids using the term wholesale CBDC, instead referring to it as a tokenized representation of central bank money. For the issuance by CDC, it needed to synchronize the issuance of digital native notes (DNN) on Euroclear's D-FMI platform with the settlement on the central bank's DL3S. According to French law, DNN are issued in bearer form. Additionally, the French pilot CBDC solution has been used for several other digital bond issuances, including a €30 million sovereign bond issued by Slovenia and small commercial papers issued by Dutch banks, along with several other simulations involving the DL3S experiment.
