¿Qué gobiernos emiten bonos digitales?
34 bonos digitales de 14 emisores públicos en nuestros datos, 20 aún sin vencer. Se colocaron sobre todo entre instituciones; la calidad crediticia y la calificación son las del emisor.
Gobiernos, bancos de desarrollo y ciudades estuvieron entre los primeros en emitir bonos reales en una blockchain o un registro DLT, como el Banco Europeo de Inversiones, el gobierno de Hong Kong o ciudades suizas. Jurídicamente son bonos corrientes, con la misma calidad crediticia; solo el registro y la liquidación son digitales. Suelen dirigirse a inversores institucionales. Las emisiones vencidas se mantienen en la lista porque a menudo son el único registro público de sus condiciones.
Datos al 2026-10-16 · No es asesoramiento de inversión. Quién puede comprar lo decide el emisor. · English
| Token | Emisor | Rendimiento | Mínimo | Red | Estado |
|---|---|---|---|---|---|
| 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) | activo |
| 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) | activo |
| 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) | activo |
| 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) | activo |
| 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) | activo |
| 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) | activo |
| 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) | activo |
| 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) | activo |
| 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) | activo |
| 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 | activo |
| EUR 100m 5-year fixed rate digital bond (Eurosystem exploratory work) EIB-DIGI-2024-EUR-GOLDMA | European Investment Bank | — | — | GS DAP with DL3S settlement | activo |
| Grand Duchy of Luxembourg — Luxembourg 3.70% 10-year DLT-native sovereign benchmark bond LU-DLT-BENCH-2036 | Grand Duchy of Luxembourg | 3.7% cupón checked 15 Oct 2026 | — | Issued through LuxCSD on Clearstream's D7 DLT platform; Spuerkeess lead manager | activo |
| 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 | activo |
| HKSAR Government — Digital Green Bond 2025 (EUR 4-year tranche) HKGB-DIGI-2025-EUR | HKSAR Government | 2.512% cupón checked 15 Oct 2026 | — | HSBC Orion | activo |
| HKSAR Government — Digital Green Bond 2025 (HKD 2-year tranche) HKGB-DIGI-2025-HKD | HKSAR Government | 2.5% cupón checked 15 Oct 2026 | — | HSBC Orion | activo |
| HKSAR Government — Digital Green Bond 2025 (RMB 5-year tranche) HKGB-DIGI-2025-RMB | HKSAR Government | 1.9% cupón checked 15 Oct 2026 | — | HSBC Orion | activo |
| HKSAR Government — Digital Green Bond 2025 (USD 3-year tranche) HKGB-DIGI-2025-USD | HKSAR Government | 3.633% cupón checked 15 Oct 2026 | — | HSBC Orion | activo |
| KfW DLT I 12/2025 DE000A383BJ9 | KfW DLT I 12/2025 | — | — | Polygon | activo |
| KfW DLT II 11/2024 DE000A383P06 | KfW DLT II 11/2024 | — | — | Polygon | activo |
| Thailand G-Token (government investment token) TH-GTOKEN-2025 | Ministry of Finance, Public Debt Management Office | — | — | — | activo |
| 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) | finalizado |
| EUR 77.5m DLT-native commercial paper (10 business days) EIB-DIGI-2026-EUR-CLEARS | European Investment Bank | — | — | Clearstream D7 (DLT-native) | finalizado |
| GBP 50m SONIA+0.12% digital bond 2025 EIB-DIGI-2023-GBP-HSBC | European Investment Bank | — | — | Private permissioned (HSBC Orion) + public mirror | finalizado |
| 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) | finalizado |
| SEK 1bn digital Climate Awareness Bond (2-year) EIB-DIGI-2023-SEK-SOBOND | European Investment Bank | — | — | PoCR Network (public permissioned) | finalizado |
| Export Development Canada — EDC tokenized bond (Project Samara) CA-EDC-SAMARA-2026 | Export Development Canada | — | — | Samara Platform (Hyperledger Fabric | finalizado |
| HKSAR Government — Digital Green Bond 2024 (EUR tranche) HKGB-DIGI-2024-EUR | HKSAR Government | 3.647% cupón checked 15 Oct 2026 | — | HSBC Orion | finalizado |
| HKSAR Government — Digital Green Bond 2024 (HKD tranche) HKGB-DIGI-2024-HKD | HKSAR Government | 3.8% cupón checked 15 Oct 2026 | — | HSBC Orion | finalizado |
| HKSAR Government — Digital Green Bond 2024 (RMB tranche) HKGB-DIGI-2024-RMB | HKSAR Government | 2.9% cupón checked 15 Oct 2026 | — | HSBC Orion | finalizado |
| HKSAR Government — Digital Green Bond 2024 (USD tranche) HKGB-DIGI-2024-USD | HKSAR Government | 4.749% cupón checked 15 Oct 2026 | — | HSBC Orion | finalizado |
| HKSAR Government — Tokenised Green Bond 2023 HKGB-DIGI-2023 | HKSAR Government | 4.05% cupón checked 15 Oct 2026 | — | Goldman Sachs GS DAP (private blockchain) | finalizado |
| 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 | finalizado |
| 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 | finalizado |
| 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 | finalizado |
Preguntas frecuentes
¿Un bono digital de un gobierno es más seguro que uno normal?
Ni más ni menos: el riesgo de crédito es el del Estado o del banco de desarrollo. La blockchain solo cambia cómo se registra y liquida el bono.
¿A quién se dirigen estos bonos?
Los emisores suelen colocarlos entre bancos e inversores institucionales. Un inversor particular accede a ellos, si acaso, a través de un banco o bróker.