TLDR
- Doha Bank has issued a $150 million digital bond through Euroclear’s distributed ledger technology platform.
- The digital bond settled instantly, with same-day execution achieved through Euroclear’s regulated DLT infrastructure.
- The bond was listed on the London Stock Exchange’s International Securities Market, enhancing market visibility.
- Standard Chartered served as the sole global coordinator and arranger for the digital bond issuance.
- The issuance reflects rising demand for digital bond solutions and the adoption of tokenization in capital markets.
Doha Bank has successfully issued a $150 million digital bond, settling instantly through Euroclear’s distributed ledger technology (DLT). This transaction highlights how regulated DLT systems are becoming the preferred infrastructure for institutional tokenized debt. The bond was listed on the London Stock Exchange’s International Securities Market, ensuring a smooth same-day settlement.
Doha Bank Issues $150M Digital Bond Using DLT
Doha Bank’s digital bond was issued using Euroclear’s Digital Financial Market Infrastructure, a permissioned DLT platform. Euroclear’s DLT is designed for regulated capital markets and offers controlled access, legal finality, and integration with existing systems. This platform enables efficient settlement, providing same-day execution while maintaining international market standards and investor trust.
Sebastien Danloy, Chief Business Officer at Euroclear, said, “This transaction demonstrates that same-day execution and settlement are achievable through regulated DLT infrastructure.” He added that such transactions reduce friction and improve speed while ensuring assurance for both issuers and investors. The system allows issuers to leverage tokenization benefits, such as T+0 settlement and automated record keeping.
Standard Chartered acted as the sole global coordinator and arranger for the $150 million digital bond issued by Doha Bank. The bank led the structuring, execution, and distribution of the digital bond. This partnership emphasizes the growing demand for digital bond issuance and innovative financial solutions in capital markets.
Salman Ansari, Global Head of Capital Markets at Doha Bank, highlighted that the transaction reflects growing client demand for next-generation digital capabilities. Ansari stated, “Doha Bank’s debut digital bond issuance underscores the tangible, real-world efficiencies that cutting-edge digital infrastructure is delivering for capital markets.”
Rising Adoption of DLT for Digital Bonds in the Middle East and Asia
The adoption of DLT platforms for digital bond issuance is gaining momentum in the Middle East and Asia. Increasingly, banks and regulators are turning to permissioned DLT systems to ensure compliance with regulatory standards. As the Doha Bank transaction shows, these systems offer transparency and security, making them a preferred choice for institutional investors.
In the region, platforms like Orion, developed by HSBC, have been used for sovereign and corporate digital bonds. Orion integrates directly with post-trade infrastructure, offering faster settlement times and on-chain record-keeping. Similarly, JPMorgan’s Onyx platform enables near-instant settlement for tokenized bank debt and commercial paper.
By leveraging DLT infrastructure, Doha Bank’s digital bond issuance aligns with established market structures, ensuring that institutional investors can access traditional custody and settlement services. The integration with Euroclear and other post-trade platforms streamlines the bond issuance process, reducing settlement times.
