Doha Bank Issues $150M Digital Bond on Euroclear’s DLT Infrastructure
- Doha Bank completed a $150 million digital bond issuance, settling instantly on Euroclear’s distributed ledger technology (DLT) platform.
- The bond was listed on the London Stock Exchange’s International Securities Market, achieving same-day settlement.
- Standard Chartered acted as the sole global coordinator and arranger for the transaction.
- The issuance reflects a trend among banks in the Middle East and Asia adopting permissioned DLT for regulatory compliance.
- Euroclear’s DLT infrastructure enables T+0 settlement and automated record keeping while adhering to market standards.
This digital bond issuance by Doha Bank highlights the growing acceptance of regulated DLT systems in capital markets, which offer efficiency gains while maintaining compliance with international standards. The deal is part of a broader movement towards modernizing capital market infrastructures across regions.
With this transaction, Doha Bank demonstrates how institutional investors can benefit from same-day settlement capabilities through regulated platforms like Euroclear’s DLT.(Source)
