BlockBeats news, April 1, according to Bloomberg, the New Hampshire Business Finance Authority plans to issue municipal bonds collateralized by Bitcoin, with a total scale of approximately $100 million. This product has received a Ba2 rating from Moody’s Investors Service (two notches below investment grade). Principal and interest payments on the bonds will be sourced from funds generated by the Bitcoin-collateralized assets, potentially providing additional returns when Bitcoin prices rise, while also including price-triggered liquidation clauses to ensure repayment; the related debt is not backed by state credit or taxes.
