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Doha Bank Sells $150 Million Digital Bond With Instant Settlement on Euroclear DLT

The deal signals a regional shift to permissioned ledger rails that pair T+0 efficiency with legal finality.

Overview

  • The floating-rate notes were listed on the London Stock Exchange’s International Securities Market, providing public market visibility.
  • Settlement and record-keeping ran on Euroclear’s Digital Financial Market Infrastructure, a regulated permissioned DLT integrated with custody systems.
  • Standard Chartered served as sole global coordinator and sole arranger, leading structuring, execution, and distribution, with Citi acting as issuing and paying agent.
  • Doha Bank and Euroclear executives said the deal proves same-day issuance, allocation, and settlement are workable through regulated DLT.
  • The transaction aligns with a Middle East and Asia pivot toward interoperable platforms such as HSBC’s Orion and JPMorgan’s Onyx/Kinexys that connect to existing post-trade rails.