Capital Markets

EDC in connection with Canada’s first tokenized bond issuance EDC in connection with Canada’s first tokenized bond issuance

Export Development Canada
Key Contact
Lisa Mantello

Partner, Financial Services, Toronto

Team
Amelia Miao

Partner, Corporate, Toronto

Matthew T. Burgoyne

Partner, Corporate, Calgary

Malcolm Peck-McQueen

Associate, Financial Services, Toronto

On March 5, 2026, it was announced that Export Development Canada (EDC) has successfully issued the first Canadian tokenized bond, which is a historic milestone in Canadian capital markets. This achievement is the result of Project Samara, a collaboration bringing together RBC Capital Markets, TD Securities, EDC and the Bank of Canada to pioneer the future of distributed ledger technology in our financial system.

The entire lifecycle of EDC’s bond, spanning from initial issuance to ongoing management, is being executed natively on the Samara blockchain platform, with payments settled using digital representations of Canadian dollars created by the Bank of Canada.

Export Development Canada (EDC) is a financial Crown corporation dedicated to helping Canadian companies of all sizes succeed on the world stage.

Osler, Hoskin & Harcourt LLP advised EDCwith a team led by Lisa Mantello and consisting of Amelia Miao, Matt Burgoyne, and Malcolm Peck-McQueen (Financial Services).

Value
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Date Announced
March 5, 2026
Lead Office
Toronto
Key Contact
Lisa Mantello

Partner, Financial Services, Toronto

Team
Amelia Miao

Partner, Corporate, Toronto

Matthew T. Burgoyne

Partner, Corporate, Calgary

Malcolm Peck-McQueen

Associate, Financial Services, Toronto