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CCBL Postpones The Listing Of $3 Bln Digital Security 'LBFEB21'

Tracy CHEN

Summary: Recently, Fusang Exchange, an financial institution in Hong Kong, released an announcement, claiming that at the request of the issuer, the listing of the Ethereum-based digital security Longbond SR Notes USD Feb 2021 (codename: LBFEB21) initiated by the China Construction Bank Labuan Branch (CCBL) will be postponed. It's reported earlier that China Construction Bank has ...

Recently, Fusang Exchange, an financial institution in Hong Kong, released an announcement, claiming that at the request of the issuer, the listing of the Ethereum-based digital security Longbond SR Notes USD Feb 2021 (codename: LBFEB21) initiated by the China Construction Bank Labuan Branch (CCBL) will be postponed.

It's reported earlier that China Construction Bank has partnered with Hong Kong-based Fusan Exchange to issue the first-ever blockchain-based digital security. n annualized interest of Libor plus 50 basis points, or roughly 0.75%.

Tracy Chen

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