NewsMV
Hana Bank has issued a five-year digital bond for $100 million, utilizing Euroclear's blockchain infrastructure to process settlement on the same day.
The transaction reportedly reduced the standard settlement period from three to five business days to immediate execution.
The next confirmable milestone is the full operational integration of this digital asset framework within the broader European bond market. The core development centers on the mechanics of the settlement process.
Traditional bond transactions typically require a lag between trade and settlement, a period that holds up capital and introduces counterparty risk.
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