Market news | Norilsk Nickel started issuing tokens for its debt, the issue is still in a pilot (test) mode, it starts on August 3

DFA for accounts payable is also a digital analogue of bonds. Received a new tokenname New Money Market (NMM). Its security is Norilsk Nickel's financial obligation to return funds to the investor on the date specified in the issue documentation.

The token parameters correspond to the creditorNorilsk Nickel's debt to the supplier of production equipment - the Sever group of companies. The asset will be placed at the address of the supplier, who will sell it to the investor - Rosbank. The amount of one token (and the entire test issue) will so far be only 9.2 million rubles, the repayment period is 45 days. In the future, Norilsk Nickel may scale up the issuance of such tokens.

www.rbc.ru/finances/03/08/2022/62e95c249a794768b19ae578