Hangi devletler dijital tahvil ihraç ediyor?
Verilerimizde 14 kamu ihraççısından 34 dijital tahvil var; 20 tanesinin vadesi henüz dolmadı. Çoğunlukla kurumlara satıldılar; kredi kalitesi ve notu ihraççınınkiyle aynıdır.
Devletler, kalkınma bankaları ve şehirler, Avrupa Yatırım Bankası, Hong Kong hükümeti veya İsviçre şehirleri gibi, bir blokzincirde ya da DLT sicilinde gerçek tahvil ihraç eden ilk kurumlar arasındaydı. Hukuken aynı kredi kalitesine sahip sıradan tahvillerdir; yalnızca kayıt ve takas dijitaldir. Genellikle kurumsal yatırımcıları hedeflerler. Vadesi dolmuş ihraçlar listede kalır, çünkü çoğu zaman koşullarının tek kamuya açık kaydıdırlar.
Veri tarihi 2026-10-16 · Yatırım tavsiyesi değildir. Kimin satın alabileceğine ihraççı karar verir. · English
| Token | İhraççı | Getiri | Asgari tutar | Ağ | Durum |
|---|---|---|---|---|---|
| 1.3 Bond 23-27 Kt. BS CH1265890678 | Canton of Basel-Stadt | 1.30% (register description; BKB result notice) checked 16 Oct 2026 | CHF 5,000 | SDX DLT (private permissioned ledger, SIX Digital Exchange CSD) | aktif |
| 1.45 Kt ZH 23-34 CH1306117073 | Canton of Zurich | 1.45% checked 16 Oct 2026 | CHF 5,000 | SDX DLT (private permissioned ledger, SIX Digital Exchange CSD) | aktif |
| 0.6125 StLug 32 CH1433241267 | City of Lugano | 0.6125% (final rate) checked 16 Oct 2026 | CHF 5,000 | SDX DLT (private permissioned ledger, SIX Digital Exchange CSD) | aktif |
| 0.95 St. LUG 26-36 CH1562934682 | City of Lugano | 0.95% (final rate) checked 16 Oct 2026 | CHF 5,000 | SDX DLT (private permissioned ledger, SIX Digital Exchange CSD) | aktif |
| 0.9525 Lug 35 TOK CH1462229902 | City of Lugano | 0.9525% (register description) checked 16 Oct 2026 | CHF 5,000 | SDX DLT (private permissioned ledger, SIX Digital Exchange CSD) | aktif |
| 1.0 St. LUG 24-33 CH1392903543 | City of Lugano | 1.00% checked 16 Oct 2026 | CHF 5,000 | SDX DLT (private permissioned ledger, SIX Digital Exchange CSD) | aktif |
| 1.415 St. LU 24-34 CH1319968462 | City of Lugano | 1.415% checked 16 Oct 2026 | CHF 5,000 | SDX DLT (private permissioned ledger, SIX Digital Exchange CSD) | aktif |
| 1.625 St. LU 23-29 CH1232107172 | City of Lugano | 1.625% (register description) checked 16 Oct 2026 | CHF 5,000 | SDX DLT (private permissioned ledger, SIX Digital Exchange CSD) | aktif |
| 1.25 St SG 27 CH1331113444 | City of St. Gallen | 1.25% checked 16 Oct 2026 | CHF 5,000 | SDX DLT (private permissioned ledger, SIX Digital Exchange CSD) | aktif |
| EUR 100m 3-year fixed rate digital bond (Eurosystem exploratory work) EIB-DIGI-2024-EUR-HSBC | European Investment Bank | — | — | HSBC Orion (private) with DL3S settlement | aktif |
| EUR 100m 5-year fixed rate digital bond (Eurosystem exploratory work) EIB-DIGI-2024-EUR-GOLDMA | European Investment Bank | — | — | GS DAP with DL3S settlement | aktif |
| Grand Duchy of Luxembourg — Luxembourg 3.70% 10-year DLT-native sovereign benchmark bond LU-DLT-BENCH-2036 | Grand Duchy of Luxembourg | 3.7% kupon checked 15 Oct 2026 | — | Issued through LuxCSD on Clearstream's D7 DLT platform; Spuerkeess lead manager | aktif |
| Grand Duchy of Luxembourg EUR 1.7bn 3.70% DLT-native sovereign bond 2036 LU-DLT-2036-EUR | Grand Duchy of Luxembourg (State Treasury) | 3.70% checked 16 Oct 2026 | — | Clearstream D7 DLT | aktif |
| HKSAR Government — Digital Green Bond 2025 (EUR 4-year tranche) HKGB-DIGI-2025-EUR | HKSAR Government | 2.512% kupon checked 15 Oct 2026 | — | HSBC Orion | aktif |
| HKSAR Government — Digital Green Bond 2025 (HKD 2-year tranche) HKGB-DIGI-2025-HKD | HKSAR Government | 2.5% kupon checked 15 Oct 2026 | — | HSBC Orion | aktif |
| HKSAR Government — Digital Green Bond 2025 (RMB 5-year tranche) HKGB-DIGI-2025-RMB | HKSAR Government | 1.9% kupon checked 15 Oct 2026 | — | HSBC Orion | aktif |
| HKSAR Government — Digital Green Bond 2025 (USD 3-year tranche) HKGB-DIGI-2025-USD | HKSAR Government | 3.633% kupon checked 15 Oct 2026 | — | HSBC Orion | aktif |
| KfW DLT I 12/2025 DE000A383BJ9 | KfW DLT I 12/2025 | — | — | Polygon | aktif |
| KfW DLT II 11/2024 DE000A383P06 | KfW DLT II 11/2024 | — | — | Polygon | aktif |
| Thailand G-Token (government investment token) TH-GTOKEN-2025 | Ministry of Finance, Public Debt Management Office | — | — | — | aktif |
| EIB EUR 100m 0% 2-year digital bond (2021) EIB-DIGI-2021-EUR-SGFORG | European Investment Bank | 0.000% annual checked 16 Oct 2026 | — | Ethereum (public) | sona erdi |
| EUR 77.5m DLT-native commercial paper (10 business days) EIB-DIGI-2026-EUR-CLEARS | European Investment Bank | — | — | Clearstream D7 (DLT-native) | sona erdi |
| GBP 50m SONIA+0.12% digital bond 2025 EIB-DIGI-2023-GBP-HSBC | European Investment Bank | — | — | Private permissioned (HSBC Orion) + public mirror | sona erdi |
| Project Venus EUR 100m 2.507% digital bond 2024 EIB-DIGI-2022-EUR-GOLDMA | European Investment Bank | 2.507% annual checked 16 Oct 2026 | — | Private blockchain (GS DAP) | sona erdi |
| SEK 1bn digital Climate Awareness Bond (2-year) EIB-DIGI-2023-SEK-SOBOND | European Investment Bank | — | — | PoCR Network (public permissioned) | sona erdi |
| Export Development Canada — EDC tokenized bond (Project Samara) CA-EDC-SAMARA-2026 | Export Development Canada | — | — | Samara Platform (Hyperledger Fabric | sona erdi |
| HKSAR Government — Digital Green Bond 2024 (EUR tranche) HKGB-DIGI-2024-EUR | HKSAR Government | 3.647% kupon checked 15 Oct 2026 | — | HSBC Orion | sona erdi |
| HKSAR Government — Digital Green Bond 2024 (HKD tranche) HKGB-DIGI-2024-HKD | HKSAR Government | 3.8% kupon checked 15 Oct 2026 | — | HSBC Orion | sona erdi |
| HKSAR Government — Digital Green Bond 2024 (RMB tranche) HKGB-DIGI-2024-RMB | HKSAR Government | 2.9% kupon checked 15 Oct 2026 | — | HSBC Orion | sona erdi |
| HKSAR Government — Digital Green Bond 2024 (USD tranche) HKGB-DIGI-2024-USD | HKSAR Government | 4.749% kupon checked 15 Oct 2026 | — | HSBC Orion | sona erdi |
| HKSAR Government — Tokenised Green Bond 2023 HKGB-DIGI-2023 | HKSAR Government | 4.05% kupon checked 15 Oct 2026 | — | Goldman Sachs GS DAP (private blockchain) | sona erdi |
| KfW EUR 20m 2.381% first electronic security on D7 (2022-2024) DE-KFW-D7-2024 | KfW | 2.381% checked 16 Oct 2026 | — | Clearstream D7 | sona erdi |
| EUR 30m 3.65% inaugural digital bond 2024 SI-DIGI-2024-EUR | Republic of Slovenia | 3.65% checked 16 Oct 2026 | — | Canton (Daml), settled in wholesale CBDC via DL3S | sona erdi |
| Republic of the Philippines (Bureau of the Treasury) — Tokenized Treasury Bonds 2023 PH-TOKBOND-2023 | Republic of the Philippines (Bureau of the Treasury) | — | — | Tokenized issue of the Bureau of the Treasury | sona erdi |
Sık sorulan sorular
Devletin dijital tahvili normal tahvilden daha mı güvenli?
Ne daha fazla ne daha az: kredi riski devletin veya kalkınma bankasının riskidir. Blokzincir yalnızca tahvilin nasıl kaydedildiğini ve takas edildiğini değiştirir.
Bu tahviller kimi hedefliyor?
İhraççılar bunları genellikle bankalara ve kurumsal yatırımcılara satar. Bireysel yatırımcı bunlara ancak, mümkünse, bir banka veya aracı kurum üzerinden ulaşır.