The first Digitally Native Note has been issued under English Law via Euroclear’s Digital Financial Market Infrastructure
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The first Digitally Native Note has been issued under English Law via Euroclear’s Digital Financial Market Infrastructure
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.
Digitally Native Notes delivering issuance, distribution and primary market settlement of fully dematerialised international securities ...
The first Digitally Native Note has been issued under English Law via Euroclear’s Digital Financial Market Infrastructure