The securities will be issued using distributed ledger technology via the D7 DLT platform, which is operated by LuxCSD S.A. This infrastructure allows for the digital lifecycle management of the debt, moving away from traditional paper-based settlement processes.

The sovereign issuer has appointed a joint lead manager group consisting of Barclays, BCEE, BGL BNP Paribas, Citi, and Credit Agricole CIB to shepherd the deal. These institutions are currently conducting virtual fixed-income investor calls to gauge appetite for the benchmark offering. If market conditions remain favorable, the launch will represent a milestone for the country’s integration of DLT into its national debt management strategy.