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Citi becomes first digital custodian on BondbloX Bond Exchange

BBX, which was launched in 2020 to simplify bond investing, is the world's first fractional bond exchange. The deal will enable Citi's clients who meet a certain criteria, to become participants on the exchange and trade bonds, with the investment bank providing settlement and custodial services. "The proprietary digital custody technology is scalable and will allow us to provide settlement and custody services for clients investing in assets issued on permissioned blockchain networks and digital financial management information systems (FMIs)," said Nadine Teychenne, head of digital assets for Citi Securities Services. ....

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What to Look for in Actively-Managed Bond Funds...

European corporate credit is in turmoil – so is it time to stay away? Morningstar analyst Shannon Kirwin explains the situation.  ....

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How Rising Interest Rates Impact Bond Funds

Even with rising interest rates, bonds can be a crucial diversifier ....

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