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Sgx Completes First Pilot Digital Bond Issuance With Hsbc And Temasek

by financemagnates.com posted 3weeks ago 38 views
The exchange replicated a bond issue of Olam International. : The Singapore Exchange (SGX) has completed its first digital bond issuance via its digital asset issuance, depository and servicing platform, with the help of HSBC Singapore and Temasek. According to a statement from SGX, the digital bond issued by the exchange replicated a $400 million 5.5-year public bond issue and a follow-on $100 million tap of the same issue by Olam International. This digital syndicate public corporate bond was a first for Asia and another milestone for the exchange, which has embraced digital asset technology.

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