Standard Chartered issues digitally native notes on Euroclear D-FMI
Standard Chartered today announced the issuance of a USD 200 million three-year floating-rate digitally native notes (DNNs), becoming the first Global Systemically Important Bank (G-SIB) and the first UK Issuer to issue on Euroclear's Digital Financial Market Infrastructure (D-FMI).
Standard Chartered has issued a $200 million three-year floating-rate digitally native note on Euroclear's Digital Financial Market Infrastructure. This makes them the first Global Systemically Important Bank and the first UK issuer to do so.
The note issuance is part of Standard Chartered's efforts to innovate and expand its offerings. According to Finextra, this move demonstrates the bank's commitment to leveraging digital technologies in its operations.
There is no further information on the digitally native note's impact or the bank's future plans regarding this issuance.
Brief written by urgent.news from Finextra, Hedgeweek, Cointelegraph, CoinDesk — 4 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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