Perpetual Bond Referenced Token (PBRT)
PBRT01
Coupon Rate
8.00%
Underlying Asset
Barclays 8% Perpetual Bond, Moody’s Ba2
1 PBRT01 effectively represents approximately USD 100 Nominal Value of the underlying security.
The underlying security is held in custody by Citibank and is bankruptcy remote from the issuer and exchange.
PBRT01 Investment Highlights
One-stop access to bank bonds on-chain
Daily subscription and redemption in USD or USDC
Higher liquidity through AMM, OTC, and P2P trading on the DigiFT exchange
The Issuer
Red Cedar Digital Pte. Ltd. is an affiliate of DigiFT Singapore. Red Cedar will purchase and hold the underlying security using proceeds of the Security Token Offering.
Disclaimer:
Target return or yield to maturity is not necessarily indicative and does not guarantee actual return. The past performance of PBRT01 is not necessarily indicative and does not guarantee the future performance of PBRT01. This is not an advertisement making an offer or calling attention to an offer or intended offer.
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