German promotional bank KfW has issued the first digital fixed-income bond in the form of central register security based on the German Electronic Securities Act (eWpG). Deutsche Bank AG acted as lead manager for this transaction. Clearstream Banking AG acted as central registrar through Deutsche Börse's D7 digital post-trade platform.
Hengeler Mueller advised Deutsche Bank AG. The team was led by partner Dirk Bliesener and included counsel Martin Peters as well as senior associate Raik Petermann (all Capital Markets, Frankfurt).