New Hampshire plans to issue $100 million in Bitcoin-backed municipal bonds, Moody's rates Ba2

BlockBeatNews · 2026-04-01T00:22:47+00:00

New Hampshire plans to issue approximately $100 million in municipal bonds backed by Bitcoin, rated Ba2. The bond principal and interest will be paid from Bitcoin collateral funds, with liquidation clauses to ensure repayment, and it does not rely on state government credit or tax support.

BlockBeatNews

2026-04-01 00:22:47

Abstract generation in progress

BlockBeats news. April 1, according to Bloomberg: The New Hampshire Department of Business and Economic Affairs in the U.S. plans to issue municipal bonds backed by Bitcoin, with a total size of about 100 million dollars. The product has already received a Ba2 rating from Moody’s Investors Service, which is two levels below investment grade. The bonds’ principal and interest will be paid from funds generated by Bitcoin-backed assets; when the Bitcoin price rises, it can provide additional returns, and there are price-triggered liquidation clauses to ensure repayment. The related debt is not supported by the credit or taxes of the state government.

BTC1.97%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes