Hana Bank issues South Korea’s first digital bond using Euroclear’s blockchain

60-second summary

Hana Bank launches South Korea’s first digital bond, issuing a $100 million foreign‑currency note on Euroclear’s blockchain, and reduces settlement from three‑to‑five business days to same‑day completion. The bank’s pioneering move showcases blockchain’s ability to streamline post‑trade processes, prompting investors to expect faster cash flow, lower operational costs, and heightened competition among issuers in the bond market.