Is It Possible to Own a Fractional Share of a Bond With the Tokenized Bonds?

No, the denomination is 1,000 Euro.

Investors can only purchase whole units of the bond, meaning they cannot purchase partial units or fractions of a bond.

For example, if an investor wanted to invest 5,000 Euro in the EURt7 bond, they would be able to purchase 5 EURt7 token (units of the bond). Each EURt7 token is equivalent to 1,000 Euro, so the investor would receive 5 EURt7 token with a face value of 1,000 Euro each, for a total investment of 5,000 Euro.

It’s important to note that because only whole units can be purchased, any remaining funds that don’t add up to a full unit cannot be invested in the bond.