New Hampshire Bitcoin-Backed Municipal Bond
Sector: Government • Location: New Hampshire, USA
Source: TradingKey
The New Hampshire Business Finance Authority issued the first bitcoin-backed municipal bond, rated Ba2 by Moody's. This limited-recourse bond is collateralized by Bitcoin held in a dedicated account managed by BitGo, with 1.6x overcollateralization, a 72% maximum advance rate, and dynamic liquidation triggers to mitigate volatility.
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | awarded |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The New Hampshire Business Finance Authority issued the first bitcoin-backed municipal bond, rated Ba2 by Moody's. This limited-recourse bond is collateralized by Bitcoin held in a dedicated account managed by BitGo, with 1.6x overcollateralization, a 72% maximum advance rate, and dynamic liquidation triggers to mitigate volatility. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |