Bonds | ForkLog

ForkLog 17 21.11.2021

El Salvador to issue $1 billion Bitcoin bonds on the Liquid Network

The government of El Salvador has struck a deal with Blockstream and iFinex (the parent company of Bitfinex and Tether) to issue $1 billion in Bitcoin bonds on the Liquid Network.

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ForkLog 31 15.11.2021

Marathon to raise $500 million to buy Bitcoin and ASIC hardware

The Nasdaq-listed mining company Marathon Digital Holdings will issue convertible bonds with a face value of $500 million. The proceeds will be used to purchase Bitcoin and mining equipment.

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ForkLog 12 11.11.2021

Bitcoin retreats from record as Evergrande default fears mount

On November 10, after reaching an all-time high near $69,000, Bitcoin fell almost 9%, slipping below $63,000. CoinDesk linked this to rumours of a potential default by one of China's biggest developers, Evergrande.

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ForkLog 13 09.11.2021

Argo Blockchain to raise $57.5 million in debt financing

The British mining company Argo Blockchain plans to raise $57.5 million via a U.S. debt offering.

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ForkLog 15 19.10.2021

Bank of France tests CBDC in government-bond transactions

The Bank of France and a group of dealers conducted 500 transactions on primary and secondary government-bond markets using the national digital currency (CBDC) over ten months.

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ForkLog 19 01.10.2021

Societe Generale proposes MakerDAO the first ‘security token refinancing’

The financial conglomerate Societe Generale has proposed to the DeFi project MakerDAO to use digital bonds issued by its subsidiary Forge as collateral to obtain a $20 million loan in the stablecoin DAI.

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ForkLog 14 23.09.2021

Evergrande pays up on September 22, but authorities warn of a potential ‘storm’

The on-balance-sheet debt of Evergrande Group, which is on the brink of collapse and is estimated at about 2% of China’s GDP, paid interest on bonds to local investors. Beijing has urged local authorities to prepare for a potential 'storm', according to the Wall Street Journal.

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ForkLog 20 15.09.2021

Coinbase upsizes debt offering to $2 billion

The cryptocurrency exchange Coinbase increased the size of the offering for two senior notes from $1.5 billion to $2 billion. Moody’s rated them junk.

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ForkLog 22 13.09.2021

Coinbase to issue $1.5 billion of senior notes for general corporate purposes, including potential M&A

The Coinbase cryptocurrency exchange will conduct a private placement of two series of senior notes with a redemption right in 2028 and 2031, for a total face value of $1.5 billion.

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ForkLog 18 08.09.2021

El Salvador’s Bitcoin legalization triggers sell-off in its government bonds

El Salvador's sovereign debt market came under selling pressure as bitcoin traded below $44,000. On the same day, the law recognizing bitcoin as a legal tender came into force, Bloomberg reports. The yields on El Salvador's near-term sovereign bonds rose above those of longer-dated papers. The inverted yield curve signals risks of recession and problems in servicing the country's obligations.

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ForkLog 17 14.06.2021

MicroStrategy raises $500 million to buy Bitcoin

The software-analytics provider MicroStrategy Inc. issued convertible senior notes for $500 million due 2028. The proceeds, which the company valued at $488 million, will be used to buy Bitcoin.

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ForkLog 17 09.06.2021

Bloomberg: Demand for MicroStrategy bonds hits $1.6 billion

MicroStrategy raised the target size of its convertible senior notes to $500 million. The volume of orders for the notes totaled about $1.6 billion, Bloomberg reported, citing its own sources.

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