Here are some details about the $520B state-owned Italian bank trialing digital bonds on Polygon $ETH

- Amount: Digital bond issuance worth $27.2 million (€25 million)

- Maturity: Four months, maturing on November 18, 2024

- Coupon: Fixed at 3.63% per annum

- Issued by: Cassa Depositi e Prestiti SpA (CDP), Italy's state-owned development bank

- Underwritten by: Intesa Sanpaolo, Italy's largest lender

- Network: Ethereum-based Polygon (MATIC) network

- Settlement: Same-day settlement in euros using the Bank of Italy's "TIPS Hash Link" tool

- Significance: First transaction of its kind since Italy introduced its FinTech decree law governing digital financial instruments