11M
...
The World Bank has initiated the first issuance of digital securities on Euroclear’s newly launched Digital Securities platform.
Euroclear’s Digital Financial Market Infrastructure (D-FMI), a platform based on distributed ledger technology, facilitates the establishment, issuance and settlement of international securities digitally, all under English law, according to a Tuesday press release.
The World Bank said it has raised 100 million euros ($105.9 million) from the three-year digital bond, dedicated to backing its sustainable development projects, with the bond making its debut on the Luxembourg Stock Exchange.
The bond’s release involved Citi overseeing the issuance and…
Read more on Blockworks