UK plans first G7 digital sovereign bond by early 2027

CoinDesk·

UK plans first G7 digital sovereign bond by early 2027

60-second summary

The UK is planning to issue its first G7 digital sovereign bond by early 2027, leveraging HSBC's Orion platform within the BoE and FCA's Digital Securities Sandbox. This move aims to test reduced settlement times and costs.

The security will launch on HSBC’s Orion platform within the BoE and FCA’s Digital Securities Sandbox to test reduced settlement times and costs.