a decentralized ledger technology. At the creation of the bond, the Commonwealth Bank of Australia (CBA) raised A $110 million, lasting for two years, with a maturity date slated for August 28th, 2020. Coupon payments were done in arrears twice a year at a 2.2% annual rate.

The Bond-i was part of research carried out by our Blockchain Innovation Lab that was created in June 2017. Their goal was to study the impact of disruptive technologies like the blockchain and review its impact on the economy for growth and improvement.