Citi supports Hana Bank's first $100 mil. digital bond issuance

Citi has supported Hana Bank's first $100 million digital bond issuance on the Euroclear platform. This milestone marks the first time a Korean bank has issued a foreign-currency bond on the platform, settling it on the same day, known as T+0 settlement. The success of this transaction highlights the growing adoption of digital bond issuance, which can streamline the process and reduce costs for issuers and investors alike.

Why it matters

Citi's support for Hana Bank's digital bond issuance signals growing confidence in digital financial infrastructure. This could lead to increased adoption and investment in digital bonds, driving growth in the market.

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