TokenBank Türkçe · Kamu dijital tahvilleri

Hangi devletler dijital tahvil ihraç ediyor?

Kısa cevap

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

TokenİhraççıGetiriAsgari tutarAğDurum
1.3 Bond 23-27 Kt. BS
CH1265890678
Canton of Basel-Stadt1.30% (register description; BKB result notice)
checked 16 Oct 2026
CHF 5,000SDX DLT (private permissioned ledger, SIX Digital Exchange CSD)aktif
1.45 Kt ZH 23-34
CH1306117073
Canton of Zurich1.45%
checked 16 Oct 2026
CHF 5,000SDX DLT (private permissioned ledger, SIX Digital Exchange CSD)aktif
0.6125 StLug 32
CH1433241267
City of Lugano0.6125% (final rate)
checked 16 Oct 2026
CHF 5,000SDX DLT (private permissioned ledger, SIX Digital Exchange CSD)aktif
0.95 St. LUG 26-36
CH1562934682
City of Lugano0.95% (final rate)
checked 16 Oct 2026
CHF 5,000SDX DLT (private permissioned ledger, SIX Digital Exchange CSD)aktif
0.9525 Lug 35 TOK
CH1462229902
City of Lugano0.9525% (register description)
checked 16 Oct 2026
CHF 5,000SDX DLT (private permissioned ledger, SIX Digital Exchange CSD)aktif
1.0 St. LUG 24-33
CH1392903543
City of Lugano1.00%
checked 16 Oct 2026
CHF 5,000SDX DLT (private permissioned ledger, SIX Digital Exchange CSD)aktif
1.415 St. LU 24-34
CH1319968462
City of Lugano1.415%
checked 16 Oct 2026
CHF 5,000SDX DLT (private permissioned ledger, SIX Digital Exchange CSD)aktif
1.625 St. LU 23-29
CH1232107172
City of Lugano1.625% (register description)
checked 16 Oct 2026
CHF 5,000SDX DLT (private permissioned ledger, SIX Digital Exchange CSD)aktif
1.25 St SG 27
CH1331113444
City of St. Gallen1.25%
checked 16 Oct 2026
CHF 5,000SDX 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 settlementaktif
EUR 100m 5-year fixed rate digital bond (Eurosystem exploratory work)
EIB-DIGI-2024-EUR-GOLDMA
European Investment Bank——GS DAP with DL3S settlementaktif
Grand Duchy of Luxembourg — Luxembourg 3.70% 10-year DLT-native sovereign benchmark bond
LU-DLT-BENCH-2036
Grand Duchy of Luxembourg3.7% kupon
checked 15 Oct 2026
—Issued through LuxCSD on Clearstream's D7 DLT platform; Spuerkeess lead manageraktif
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 DLTaktif
HKSAR Government — Digital Green Bond 2025 (EUR 4-year tranche)
HKGB-DIGI-2025-EUR
HKSAR Government2.512% kupon
checked 15 Oct 2026
—HSBC Orionaktif
HKSAR Government — Digital Green Bond 2025 (HKD 2-year tranche)
HKGB-DIGI-2025-HKD
HKSAR Government2.5% kupon
checked 15 Oct 2026
—HSBC Orionaktif
HKSAR Government — Digital Green Bond 2025 (RMB 5-year tranche)
HKGB-DIGI-2025-RMB
HKSAR Government1.9% kupon
checked 15 Oct 2026
—HSBC Orionaktif
HKSAR Government — Digital Green Bond 2025 (USD 3-year tranche)
HKGB-DIGI-2025-USD
HKSAR Government3.633% kupon
checked 15 Oct 2026
—HSBC Orionaktif
KfW DLT I 12/2025
DE000A383BJ9
KfW DLT I 12/2025——Polygonaktif
KfW DLT II 11/2024
DE000A383P06
KfW DLT II 11/2024——Polygonaktif
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 Bank0.000% 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 mirrorsona erdi
Project Venus EUR 100m 2.507% digital bond 2024
EIB-DIGI-2022-EUR-GOLDMA
European Investment Bank2.507% 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 Fabricsona erdi
HKSAR Government — Digital Green Bond 2024 (EUR tranche)
HKGB-DIGI-2024-EUR
HKSAR Government3.647% kupon
checked 15 Oct 2026
—HSBC Orionsona erdi
HKSAR Government — Digital Green Bond 2024 (HKD tranche)
HKGB-DIGI-2024-HKD
HKSAR Government3.8% kupon
checked 15 Oct 2026
—HSBC Orionsona erdi
HKSAR Government — Digital Green Bond 2024 (RMB tranche)
HKGB-DIGI-2024-RMB
HKSAR Government2.9% kupon
checked 15 Oct 2026
—HSBC Orionsona erdi
HKSAR Government — Digital Green Bond 2024 (USD tranche)
HKGB-DIGI-2024-USD
HKSAR Government4.749% kupon
checked 15 Oct 2026
—HSBC Orionsona erdi
HKSAR Government — Tokenised Green Bond 2023
HKGB-DIGI-2023
HKSAR Government4.05% 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
KfW2.381%
checked 16 Oct 2026
—Clearstream D7sona erdi
EUR 30m 3.65% inaugural digital bond 2024
SI-DIGI-2024-EUR
Republic of Slovenia3.65%
checked 16 Oct 2026
—Canton (Daml), settled in wholesale CBDC via DL3Ssona 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 Treasurysona 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.

Ayrıca okuyun