South Korea's Hana Bank has issued a five-year, $100 million digital bond using Euroclear's blockchain technology, marking the country's first digital bond issued directly on this infrastructure. The issuance, registration, and settlement were all executed on a distributed ledger network.
The adoption of blockchain technology reduced the bond distribution and payment settlement timeline from 3-5 business days to same-day completion. This deployment demonstrates the practical efficiency gains of distributed ledger systems in traditional debt capital markets.
Hana Bank Issues South Korea’s First $100M Digital Bond on Euroclear Blockchain
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