Toyota plans to issue a digital bond for retail investors in March this year

Toyota Financial plans to issue a yen digital bond through the Progmat tokenization platform in March this year, with a total scale of 1 billion yen (about 6.6 million US dollars), and a single face value of 100,000 yen (about 658 US dollars). This issuance is not only one of the few digital bonds issued by Japanese companies, but also specifically targets retail investors and has an experimental nature.