Hana Bank issues $100M digital bond on Euroclear blockchain with same-day settlement
- —The five-year bond totals $100 million and closed on September 18
- —Settlement took place on trade date instead of the usual three to five business days
- —Standard Chartered acted as sole bookrunner
- —Investors used existing Euroclear accounts and trading systems
Why it matters: The deal shows Euroclear's blockchain infrastructure can cut settlement on a traditional bond market to same-day, a potential template for other issuers.
Source: Crypto Daily