Pemerintah mana yang sudah menerbitkan obligasi digital?
Data kami mencatat 34 obligasi digital dari 14 penerbit publik, termasuk yang sudah jatuh tempo. Jatuh tempo antara 2024-02-16 dan 2036-10. Kredit obligasi adalah kredit penerbitnya; blockchain mengubah pencatatan, bukan risikonya.
Beberapa pemerintah dan lembaga publik telah menerbitkan obligasi yang dicatat di blockchain, antara lain Hong Kong, negara-negara Eropa, bank pembangunan, dan penerbit di kawasan Teluk. Obligasinya sama dengan obligasi biasa dari penerbit yang sama: risiko kredit dan peringkatnya milik penerbit; blockchain hanya mengubah cara pencatatan dan penyelesaian. Sebagian besar ditempatkan pada investor institusi, dan penerbit menentukan siapa yang boleh membeli.
Data per 2026-10-16 · Bukan saran investasi. Penerbit yang menentukan siapa yang boleh membeli. · English
| Token | Penerbit | Imbal hasil | Minimum | Blockchain | Status |
|---|---|---|---|---|---|
| 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) | berakhir |
| EUR 77.5m DLT-native commercial paper (10 business days) EIB-DIGI-2026-EUR-CLEARS | European Investment Bank | — | — | Clearstream D7 (DLT-native) | berakhir |
| GBP 50m SONIA+0.12% digital bond 2025 EIB-DIGI-2023-GBP-HSBC | European Investment Bank | — | — | Private permissioned (HSBC Orion) + public mirror | berakhir |
| 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) | berakhir |
| SEK 1bn digital Climate Awareness Bond (2-year) EIB-DIGI-2023-SEK-SOBOND | European Investment Bank | — | — | PoCR Network (public permissioned) | berakhir |
| Export Development Canada — EDC tokenized bond (Project Samara) CA-EDC-SAMARA-2026 | Export Development Canada | — | — | Samara Platform (Hyperledger Fabric | berakhir |
| HKSAR Government — Digital Green Bond 2024 (EUR tranche) HKGB-DIGI-2024-EUR | HKSAR Government | 3.647% kupon checked 15 Oct 2026 | — | HSBC Orion | berakhir |
| HKSAR Government — Digital Green Bond 2024 (HKD tranche) HKGB-DIGI-2024-HKD | HKSAR Government | 3.8% kupon checked 15 Oct 2026 | — | HSBC Orion | berakhir |
| HKSAR Government — Digital Green Bond 2024 (RMB tranche) HKGB-DIGI-2024-RMB | HKSAR Government | 2.9% kupon checked 15 Oct 2026 | — | HSBC Orion | berakhir |
| HKSAR Government — Digital Green Bond 2024 (USD tranche) HKGB-DIGI-2024-USD | HKSAR Government | 4.749% kupon checked 15 Oct 2026 | — | HSBC Orion | berakhir |
| HKSAR Government — Tokenised Green Bond 2023 HKGB-DIGI-2023 | HKSAR Government | 4.05% kupon checked 15 Oct 2026 | — | Goldman Sachs GS DAP (private blockchain) | berakhir |
| 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 | berakhir |
| 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 | berakhir |
| 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 | berakhir |
Pertanyaan umum
Bisakah investor ritel membeli obligasi digital pemerintah?
Penerbit yang menentukan. Sebagian besar penerbitan sejauh ini ditempatkan pada investor institusi dan jarang diperdagangkan di pasar sekunder.
Mengapa pemerintah menerbitkan obligasi di blockchain?
Untuk menguji penyelesaian yang lebih cepat, pencatatan yang lebih sederhana, dan infrastruktur pasar baru. Banyak penerbitan masih bersifat uji coba.