$96,825.00
7.82%$3,221.42
6.80%$2.58
9.75%$699.23
5.90%$189.32
9.69%$0.35283
12.32%$0.999902
0.00%$0.979482
8.89%$3,223.74
5.92%$0.225086
2.85%$36.36
8.96%$4.67
8.65%$5.39
6.56%$3,822.45
5.16%$0.423561
7.35%$20.26
10.65%$96,379.00
6.91%$0.00002155
7.41%$0.288448
10.85%$3,217.67
6.38%$6.54
7.30%$438.01
7.87%$9.29
1.06%$13.38
9.15%$6.52
3.99%$23.13
20.81%$100.53
5.99%$0.00001744
10.03%$3,404.46
5.50%$0.99842
0.78%$4.97
10.11%$1.002
0.85%$8.78
7.92%$10.10
7.91%$295.18
12.62%$209.27
6.98%$0.451266
8.47%$25.31
8.62%$0.139206
10.02%$7.20
11.15%$1.11
9.07%$0.04487845
8.90%$3.73
2.60%$422.58
7.55%$0.132648
21.94%$1.29
11.01%$5.19
11.33%$0.369072
12.25%$0.726007
9.23%$49.51
9.80%$2.80
22.43%$35.11
0.34%$6.27
4.56%$0.847621
9.73%$1.77
8.59%$18.58
6.06%$4.71
8.42%$1.50
9.31%$0.704169
7.74%$2.18
13.70%$0.00002749
11.20%$1.21
7.83%$96,708.00
7.18%$0.03314275
16.62%$20.98
10.70%$3,227.57
5.48%$0.200823
9.32%$0.839312
6.89%$2.03
8.42%$3,326.62
5.50%$1.21
7.10%$1.007
1.15%$3,604.79
5.50%$96,491.00
6.12%$3.83
0.62%$0.379271
9.62%$0.0001611
9.17%$0.104193
10.46%$1.004
1.44%$1.52
7.67%$1.69
17.57%$103.52
6.32%$193.69
7.85%$0.03480712
12.53%$3,393.23
5.17%$0.03023177
6.50%$4.97
16.48%$0.571664
8.95%$1.27
34.44%$0.02391888
6.58%$0.798915
11.38%$10.96
4.40%$1.27
7.73%$96,418.00
6.58%$1.27
8.32%$0.21268
11.16%$0.344239
16.91%$1,382.95
6.73%$1.033
0.58%$0.789394
9.55%$0.02235896
10.37%$0.323814
9.78%$0.116758
11.89%$0.730875
10.76%$3.26
4.35%$1.11
49.91%$55.61
7.38%$0.00000113
4.89%$0.956415
19.05%$1.18
33.06%$0.844443
14.37%$31.81
10.70%$14.94
10.29%$236.08
7.91%$15.56
8.52%$0.420909
8.84%$3,326.04
6.44%$94,934.00
6.55%$6.19
9.68%$0.486764
9.12%$1.26
8.58%$0.35237
11.24%$32.41
8.34%$0.947967
7.26%$15.48
12.69%$4.94
5.98%$0.451436
8.84%$700.13
5.47%$1.11
23.36%$96,282.00
7.19%$50.42
10.94%$3,224.39
7.13%$1.051
6.74%$0.00000195
17.06%$14.26
20.34%$0.080352
8.72%$1.003
1.23%$3.01
12.32%$202.30
7.03%$3,218.21
5.65%$2.53
11.15%$0.147772
11.49%$1.86
7.85%$0.01310483
11.90%$0.00003553
7.83%$3,200.32
4.91%$2.84
24.21%$0.245157
10.41%$2.33
9.50%$0.5556
9.94%$0.412351
12.02%$74.99
7.10%$0.068314
15.16%$2,636.19
0.43%$1.00
0.77%$3,397.55
5.43%$0.175746
8.69%$3.04
10.42%$246.38
7.06%$0.00623909
7.48%$95,906.00
8.49%$0.627124
23.76%$3.84
10.93%$1.003
1.05%$1.73
9.30%$0.00819575
13.59%$1.26
7.56%$0.00010188
8.26%$0.00660522
7.10%$0.568706
12.42%$0.079291
1.16%$1.21
13.45%$0.606079
9.86%$1.003
0.83%$2,671.92
0.34%$0.00536616
17.13%$25.22
7.95%$3,501.45
5.88%$96,690.00
7.70%$0.371778
8.19%$92,572.00
8.16%$0.00076935
-37.56%$0.471067
9.03%$0.00573023
8.38%$0.075012
11.67%$0.061397
21.39%$0.588108
55.71%$1.006
0.57%$1.20
8.60%$1.002
0.88%$13.32
10.55%$4.46
12.98%$0.934094
6.83%$30.55
11.03%$0.01057349
9.21%$0.00000048
3.14%$0.070054
6.12%$3,205.07
5.25%$3,221.59
5.84%$1.097
8.81%$0.213939
6.91%$1.079
0.69%$0.00604966
8.29%$36.93
9.80%$0.00
9.85%$0.05976
9.02%$0.00569079
20.57%$1.29
9.30%$96,299.00
6.33%$1.005
1.05%$3,376.49
5.42%$3,472.55
6.38%$87.04
6.60%$0.419104
38.83%$0.02126173
11.59%$0.483235
10.79%$3,218.38
5.74%$21.67
2.86%$2.44
5.33%$0.991309
0.60%$1.071
-0.22%$1.85
11.78%$3.99
10.46%$2.94
10.77%$13.01
9.92%$0.391022
10.18%$0.00219358
12.06%$8,971.81
5.33%$0.769624
8.78%$0.381757
29.63%$0.03830995
4.94%$4.79
4.33%$0.150714
19.65%$1.006
0.75%$0.00533879
7.17%$0.198113
9.74%$0.064604
12.99%$0.227334
10.48%$0.241934
7.94%$0.872185
7.05%$0.03589089
11.28%$0.132783
6.64%$22.54
16.04%$21.55
2.57%$3,429.30
5.73%$0.196911
10.09%$5.41
14.57%$0.00606473
13.17%
El Salvador's planned Bitcoin bonds have received regulatory approval from the country's Digital Assets Commission (CNAD).
The country's National Bitcoin Office (ONBTC) announced the news in a tweet, stating that it expects the bond to be issued "during the first quarter of 2024."
"This is just the beginning for new capital markets on #Bitcoin in El Salvador," the ONBTC added.
El Salvador's President, Nayib Bukele, retweeted a number of posts confirming the news. Per a tweet from the ONBTC, the bonds will be issued on the Bitfinex Securities Platform.
🚨BREAKING NEWS🚨
The Volcano Bond has just received regulatory approval from the Digital Assets Commission (CNAD).
We anticipate the bond will be issued during the first quarter of 2024.
This is just the beginning for new capital markets on #Bitcoin in El Salvador.
🇸🇻🌋🚀
— The Bitcoin Office (@bitcoinofficesv) December 12, 2023
The issuance of Bitcoin bonds has long been an ambition for Bukele, who first announced plans to launch them after El Salvador's Bitcoin Law made the cryptocurrency legal tender in 2021.
At the time, the plan was to issue $1 billion in bonds in 2022, with half converted to Bitcoin and the remainder used for infrastructure and Bitcoin mining.
Known as "volcano bonds," from the proposed use of the Conchagua volcano to power Bitcoin mining rigs, the bonds were to be used to help build a "Bitcoin City," a tax-free enclave for Bitcoin advocates.
However, the issuance of the bonds was postponed several times, with the country's finance minister citing market volatility and the war between Russia and Ukraine as reasons for the delay. Legislation providing a legal framework for the Bitcoin-backed bonds was passed in January 2023.
The country's plans to issue Bitcoin-backed bonds have caused friction with the International Monetary Fund (IMF), which has repeatedly called for the country to reverse its Bitcoin Law, claiming that it "raises a number of macroeconomic, financial, and legal issues."
El Salvador has continued to court the Bitcoin faithful, with the launch of a "freedom visa" program offering foreigners a passport and residency if they invest $1 million in Bitcoin or Tether in the country.
The country has also been stockpiling Bitcoin for its reserves, as a state-wide hedge against inflation. Bitcoin's recent rally over $42,000 propelled El Salvador's Bitcoin holdings into profit, though the cryptocurrency's price has since slipped back to below that figure.
Edited by Stacy Elliott.
