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World Bank, Euroclear Join Forces to Unveil Digital Native Security Issuance on Blockchain

Belgium-based bank Euroclear has launched the first digital native security on the Luxembourg Stock Exchange together with the World Bank. The €100 The €100 million digital bond issuance by the World Bank was listed on the Luxembourg Stock Exchange on 24 October.

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World Bank Debuts as First Issuer on Euroclear s Digital Platform

World Bank Debuts as First Issuer on Euroclear s Digital Platform
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Citi Acts as First Issuing and Paying Agent for World Bank on Euroclear s New D-FMI DLT Platform

LONDON, October 24, 2023 Citi’s Issuer Services, a part of Securities Services, today acted as the Issuing and Paying Agent for the first Digitally Native Note (DNN) issuance under English Law via Euroclear’s Digital Financial Market Infrastructure (D-FMI) distributed ledger technology (DLT) platform. The EUR 100 million 3-year DNN was issued by the World Bank - International Bank for Reconstruction and Development (IBRD) - (rated Aaa/AAA) and listed on the Luxembourg Stock Exchange.

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