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Hana Bank issues South Korea\'s first same-day settlement digital bond worth $100 million

Hana Bank issued a blockchain-based digital bond and became the first in South Korea’s foreign-currency bond market to implement same-day settlement, or T+0. The bank said it used Euroclear’s blockchain platform D-FMI to issue a $100 million, five-year foreign-currency digital bond. The digital bond processes issuance, registration and settlement on a distributed ledger network. Standard Chartered served as sole lead manager for the transaction.