Hana Bank · funding
Hana Bank Issues $100 Million Digital Bond With Same-Day Settlement
Hana Bank completed a $100 million five-year floating-rate digital bond on Euroclear’s D-FMI, replacing a three-to-five-business-day settlement cycle with same-day T+0 settlement.
Was this a completed bond issuance or only a blockchain pilot?
A completed issuance. Hana Bank issued $100 million of five-year debt through Euroclear’s blockchain-based D-FMI, with Standard Chartered as sole structuring bank, lead manager and dealer.
Orbitrum Investor Impact
Is the $100 million equity funding?
No. It is a five-year floating-rate bond, so the transaction adds debt financing rather than selling equity.
Why does same-day settlement matter for Hana Bank?
T+0 lets the issuer receive funds sooner and reduces settlement and administrative friction, improving funding certainty and operational efficiency.
Do investors need crypto wallets or new trading systems?
No. The notes connect to Euroclear’s existing settlement network, so institutional investors can use their existing Euroclear accounts and trading systems.
What makes the issuance a market first?
It was the first Digitally Native Note issued by a Korean bank on Euroclear’s D-FMI and the first digital bond listed on the Singapore Exchange.
What should investors watch next?
The next test is whether Hana Bank repeats or scales digital issuance through its existing Global Medium Term Note programme. The announcements did not disclose a follow-on issuance schedule.
Sources
- Standard Chartered — Hana Bank becomes the first Korean bank to issue digitally native notes on Euroclear’s D-FMI
- Yonhap News Agency — Hana Bank issues $100 million same-day-settlement digital bond
- The Korea Herald — Hana Bank issues $100m digital bond with same-day settlement
Original signal: Koin Bülteni ↗
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