According to Nada News, Toyota Financial Services completed the issuance of Toyota Group's first publicly offered self-raised security token (ST) social bond, the "TOYOTA Wallet Bond," on October 27. This one-year digital social bond had an issuance amount of 1 billion yen, an annualized interest rate of 1.720%, and a minimum subscription threshold of 100,000 yen. The final subscription amount exceeded the plan by more than 10 times, and allocation was determined by lottery. This issuance bypassed brokerage intermediaries, allowing retail investors to purchase directly through Toyota's e-wallet application without opening a securities account. The aim was to directly link the issuance with ecosystem benefits such as track tickets and car purchase subsidies. [https://www.(wublock123.com)/news/toyota-financial-issues-first-self-raised-st-social-bond-1bn-jpy-10x-oversubscribed-70859]