El Salvador Plans to Issue First Bitcoin Bond Next Month

TokenInsight news, El Salvador plans to issue its first $1 billion in bitcoin bonds between March 15 and March 20, according to Salvadoran Finance Minister Alejandro Zelaya. The bond allows for a minimum purchase of $100 and does not require going through a stockbroker. In addition, the bond will be issued on Blockstream's Liquid Network sidechain and comes with a 6.5% coupon.