
1-month B2C2 Corporate Bond
B2C2-20241118-1
Website: pv0.one/product/
Asset classes
Metrics
Price $ 99.118
Assets Under Management $ 2,800,000
Description
The B2C2 Digital Bonds are issued in bearer, dematerialized form and are represented by ERC-20 tokens on the Ethereum blockchain. They are issued, settled and redeemed in USDC.
The Digital Bonds are blockchain-native, unsecured, unsubordinated, and zero-coupon debt obligations of B2C2. As zero-coupon bonds, they do not bear interest. They were issued at a discount price of 99.118%, offering a 10.50% annualized yield for a one-month duration, with a maturity date of November 18, 2024.
The offering for this bond was available up to USDC 5 million. The bond was issued on October 18, 2024, with a notional amount of USDC 2,800,000.
The Digital Bonds have been created under and are governed by and interpreted in accordance with the
laws of England and Wales. The Digital Bond Tokens are exclusively transferable via the DLT.
Bond issuance process
At the closing of the order book and after the pricing of the Digital Bonds, investors with allotted amounts enter the Issuance Settlement Window. They must initiate a blockchain transaction to transfer the funds in USDC using a function on the Pivio Platform.
Smart Contracts
1month B2C2 corporate bond