World Bank exploring Swiss franc digital bond settling in wholesale CBDC
Building on two previous digital bond issuances, the World Bank says the next logical step is to issue one that’s settled with a central bank digital currency.
Building on two previous digital bond issuances, the World Bank says the next logical step is to issue one that’s settled with a central bank digital currency.
The new digital bond by capital market firm Daiwa Securities will be issued via MUFG's tokenization platform, Progmat, and is expected to focus on retail investors.
Although instances of using digital bonds as collateral are sparse, HSBC and the Bank of East Asia found relative success in their pioneering attempt at a repo agreement.