The Bank of Canada and a number of large banks have completed a tokenized bond trial "Project Samara" to test the issuance, trading and settlement of bonds on a distributed ledger. The trial was issued by the Canadian Export Development Agency (EDD) of approximately $100 million (approximately US$73 million) of short-term bonds and completed on the same platform through bidding, interest payment, secondary trading and redemption processes, while settling using wholesale digital Canadian dollars created by the central bank. The trial aims to evaluate the application of blockchain throughout the life cycle of the bond market. （CoinDesk）