German state-owned bank KfW has issued a 4 billion euro ($4.28 billion) digital bond with an interest rate starting July 2. The benchmark bond is the second digital bond issued by Clearstream using Deutsche Bo ̈ rse's D7 digital securities platform. It is a three-year bond with a coupon of 2.75%. This is the largest digital bond issue, followed by the $756 million green bond issued in Hong Kong in February. However, some may argue that they are not the same because of the...