.jpg)
Euroclear facilitates Doha Bank’s inaugural digital bond
16 December 2025 Qatar
Image: wessam/stock.adobe.com
Doha Bank has issued its inaugural US$150 million floating rate digitally native note (DNN) on Euroclear’s Digital Financial Market Infrastructure (D-FMI), achieving T+0 settlement in the primary market.
Euroclear’s D-FMI facilitates the issuance, distribution, and settlement of fully digital international securities using distributed ledger technology (DLT).
The transaction supports Qatar’s broader ambition to modernise financial markets and unlock new channels of digital funding and liquidity.
Built on DLT, the DNN delivers enhanced transparency, decentralised record-keeping and operational efficiency.
The instant settlement demonstrates the real-world potential of digital-market infrastructure to shorten settlement cycles while laying the foundation for frictionless capital markets transactions.
Euroclear's D-FMI platform seamlessly integrates with traditional systems, ensuring full Central Securities Depositaries Regulation (CSDR) compliance, and providing access to established liquidity tools and trading venues.
The Korean financial institution Hana Securities acted as the sole investor, with the note listed and admitted for trading on the London Stock Exchange’s International Securities Market, and Citi as the issuing and paying agent on the digital issuance.
Standard Chartered Bank acted as the sole global coordinator and sole arranger, leading the structuring, execution and distribution of this pioneering digital issuance.
Sebastien Danloy, chief business officer, Euroclear, remarks: "We are honoured to support Doha Bank’s DNN issuance. This transaction demonstrates that instant execution and settlement are achievable through a neutral, regulated DLT infrastructure that aligns with established market standards - reducing friction and time while maintaining the level of assurance expected by issuers and investors.
“Equally important, integration with traditional secondary-market services and trading venues ensures that investors retain access to liquidity. As similar transactions progress across global markets, Qatar is helping to set a steady pace for digital issuance within the GCC — providing a clear reference point for market participants in the region.”
Sheikh Abdulrahman Bin Fahad Al-Thani, group CEO, Doha Bank, comments: “The successful issuance of Doha Bank’s inaugural DNN marks a significant milestone in our strategy to diversify and strengthen our funding base. By achieving one of the region’s first real-time T+0 settlements and leveraging Euroclear’s D-FMI, we are embracing innovation that enhances efficiency, deepens market access, attracts new investors and reinforces confidence in Qatar as a forward-looking financial hub.
“This achievement reflects strong global investor appetite for Qatar and aligns closely with the Qatar Central Bank’s Third Financial Sector Strategy and the government’s vision to advance digital transformation, resilience, and competitiveness of the Qatari capital market. “
Euroclear’s D-FMI facilitates the issuance, distribution, and settlement of fully digital international securities using distributed ledger technology (DLT).
The transaction supports Qatar’s broader ambition to modernise financial markets and unlock new channels of digital funding and liquidity.
Built on DLT, the DNN delivers enhanced transparency, decentralised record-keeping and operational efficiency.
The instant settlement demonstrates the real-world potential of digital-market infrastructure to shorten settlement cycles while laying the foundation for frictionless capital markets transactions.
Euroclear's D-FMI platform seamlessly integrates with traditional systems, ensuring full Central Securities Depositaries Regulation (CSDR) compliance, and providing access to established liquidity tools and trading venues.
The Korean financial institution Hana Securities acted as the sole investor, with the note listed and admitted for trading on the London Stock Exchange’s International Securities Market, and Citi as the issuing and paying agent on the digital issuance.
Standard Chartered Bank acted as the sole global coordinator and sole arranger, leading the structuring, execution and distribution of this pioneering digital issuance.
Sebastien Danloy, chief business officer, Euroclear, remarks: "We are honoured to support Doha Bank’s DNN issuance. This transaction demonstrates that instant execution and settlement are achievable through a neutral, regulated DLT infrastructure that aligns with established market standards - reducing friction and time while maintaining the level of assurance expected by issuers and investors.
“Equally important, integration with traditional secondary-market services and trading venues ensures that investors retain access to liquidity. As similar transactions progress across global markets, Qatar is helping to set a steady pace for digital issuance within the GCC — providing a clear reference point for market participants in the region.”
Sheikh Abdulrahman Bin Fahad Al-Thani, group CEO, Doha Bank, comments: “The successful issuance of Doha Bank’s inaugural DNN marks a significant milestone in our strategy to diversify and strengthen our funding base. By achieving one of the region’s first real-time T+0 settlements and leveraging Euroclear’s D-FMI, we are embracing innovation that enhances efficiency, deepens market access, attracts new investors and reinforces confidence in Qatar as a forward-looking financial hub.
“This achievement reflects strong global investor appetite for Qatar and aligns closely with the Qatar Central Bank’s Third Financial Sector Strategy and the government’s vision to advance digital transformation, resilience, and competitiveness of the Qatari capital market. “
NO FEE, NO RISK
100% ON RETURNS If you invest in only one digital assets news source this year, make sure it is your free subscription to The Digital Assets Edge
100% ON RETURNS If you invest in only one digital assets news source this year, make sure it is your free subscription to The Digital Assets Edge
