UBS Prices First Bond to Be Listed, Settled on a Digital Exchange

United States News News

UBS Prices First Bond to Be Listed, Settled on a Digital Exchange
United States Latest News,United States Headlines
  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 63%

Switzerland's UBS launched what is said was the world's first bond from a bank that will list, trade and settle on a digital exchange. By sheldonreback

The 375 million Swiss franc , three-year bond is the first from a banking institution that will be listed, traded and settled on a digital exchange, the lenderThe bond has the same structure, legal status and rating as a regular bond, it said.

The bond will be issued on the blockchain-based platform of the SIX Digital Exchange and traded on the SDX and SIX Swiss Exchange.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CoinDesk /  🏆 291. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UBS AG launches digital bond settled on blockchain and traditional exchangesUBS AG launches digital bond settled on blockchain and traditional exchangesSwiss investment bank UBS AG has a new kind of bond, claiming to be the first publicly traded and settled on both blockchain-based and traditional exchanges.
Read more »

UBS AG unveils publicly traded digital bond that settles on blockchainUBS AG unveils publicly traded digital bond that settles on blockchainThe new digital bond settles automatically and immediately, according to investment bank UBS AG.
Read more »

Why Jersey gas prices spiked and how high diesel fuel prices could affect holiday shoppingWhy Jersey gas prices spiked and how high diesel fuel prices could affect holiday shoppingNew Jersey gas prices have taken a rollercoaster ride while average national prices remain lower for regular gasoline.
Read more »

FSIN says Saskatchewan First Act ignores First Nations' rights to resourcesFSIN says Saskatchewan First Act ignores First Nations' rights to resources\u0022Our people have always maintained that the lands and waters were never relinquished under Treaty.\u0022
Read more »

Breakingviews - Credit Suisse puts “first” back into First BostonBreakingviews - Credit Suisse puts “first” back into First BostonFirst Boston is an old Wall Street name that’s re-emerging from Credit Suisse with some new features. The Swiss bank has revived the brand to carve out its securities underwriting and merger-advisory business under the leadership of board member and former Citigroup rainmaker Michael Klein. It could be messy, but at least it’s creative.
Read more »



Render Time: 2025-02-22 20:56:22