Standard Chartered Issues First G-SIB Digitally Native Notes on Euroclear’s D-FMI | LeapRate
Standard Chartered has become the first Global Systemically Important Bank (G-SIB) and the first UK issuer to issue digitally native notes (DNNs) on Euroclear’s Digital Financial Market Infrastructure (D-FMI), the bank announced on August 20, 2026.
The transaction consists of USD 200 million in three-year floating-rate notes, issued using distributed ledger technology through Euroclear’s D-FMI. The platform allows for the issuance of digital international securities within a regulated market infrastructure while retaining connectivity to existing issuance, settlement and servicing systems.
Standard Chartered served as sole dealer for the offering, and an application has been made to admit the notes to trading on the International Securities Market of the London Stock Exchange.
According to the bank, the deal represents a step forward in the development of digital capital markets, showing how distributed ledger technology can operate alongside established infrastructure to improve issuance efficiency. It also extends Standard Chartered’s prior experience advising clients on digital bond deals to its own funding operations.
Vikash Mistry, Deputy Group Treasurer at Standard Chartered, said the transaction reflects the bank’s effort to modernise its funding capabilities while maintaining ties to trusted international infrastructure.
Ankur Prakash, Head of Digital and Strategic Initiatives for Global Banking, said the issuance signals broader institutional movement toward adopting digital capital markets infrastructure. Sebastien Danloy, Chief Business Officer at Euroclear, added that the deal illustrates how digital issuance can integrate with existing liquidity channels and regulatory frameworks.
Standard Chartered has previously supported similar digital bond transactions, including for Emirates NBD and Doha Bank.
