Assets · Debt security · issued by Luxembourg State Treasury (Trésorerie de l'État)
Luxembourg EUR 50m 6-month digital treasury certificates on HSBC Orion, 2025New
The Grand Duchy of Luxembourg's first digital treasury certificates, zero-coupon, issued on HSBC's Luxembourg-based Orion platform and admitted to the Luxembourg Stock Exchange's official list. Matured 18 December 2025. ISIN not in the opened sources.
- Issued
- 18 Jun 2025
- Matures
- 18 Dec 2025
- Size
- €50m
- Coupon
- zero
Issued through HSBC Orion digital bond issuance Live (limited)
Classification · medium confidence
- Legal form
- Debt security from issuance terms
- Underlying
- Government debt
- Value behaviour
- Fixed income · pays income
- Ledger role
- Native
Zero coupon issued at a discount (99.030%, redeemed at par), so income accrues to holders (chronicle-lux-ctd).
Sourced[2]. How assets are classified: methodology.
Contracts
No contract addresses recorded yet.
Sources
- [1]Linklaters advises the Grand Duchy of Luxembourg on its first digital treasury certificates issued on the blockchain — Linklaters (via British Chamber of Commerce Luxembourg), 26 Jun 2025. Accessed 15 Oct 2026.C
- [2]Grand Duchy of Luxembourg investor presentation (March 2026) — Trésorerie de l'État, Luxembourg, Mar 2026. Accessed 15 Oct 2026. States that in June 2025 the Treasury issued EUR 50 million of digital notes with a six-month maturity (dematerialised form, P1 rated)..A
- [3]Luxembourg Takes Major Step Forward with Digital Treasury Certificates — Chronicle.lu. Accessed 21 Oct 2026. Reports the Ministry of Finance: six-month zero-coupon certificates issued at 99.030% and redeemed at par..C