HM Treasury has appointed six banks to run investor engagement for DIGIT, the UK’s first digitally native gilt, with a pilot due by the first quarter of 2027 on a distributed ledger. HM Treasury today appointed six banks as Joint Lead Managers for DIGIT, the UK’s first digitally native government bond, completing procurement and allowing

The UK Treasury has selected six joint lead managers for the pilot issuance of DIGIT, a blockchain-based government bond. Barclays, Morgan Stanley, HSBC, Lloyds, NatWest, and RBC Capital Markets will participate, with issuance targeted for the first quarter of 2027. DIGIT is a short-term instrument offering on-chain settlement within the Digital Securities Sandbox, operating independently

Overview of the Digital Gilt Instrument (DIGIT) DIGIT will be an entirely new, digitally native, UK government debt instrument, and will support the government’s commitment to maintain the UK as a world-leading and global financial centre. The pilot issuance is seeking to: Enable the government to explore how Distributed Ledger Technology (DLT) can be applied

Government appoints six firms as Joint Lead Managers for the pilot issuance of DIGIT, the UK’s first digitally native government bond.  Announced in City minister’s keynote speech at Digital Assets Week, the appointments completes the procurement process and will allow investor engagement to begin.  The Digital Gilt Instrument (DIGIT) is part of the government’s wider

During 2026, Tokenisation has gained significant momentum across EU financial services. The ECB’s launch of Pontes and ESMA’s analysis of tokenised equities point to a step change at infrastructure level. Yet Irish company and funds law has not kept pace with these developments, particularly with respect to legal title and shareholder registers. This article examines

This does not concern a retail digital euro, but rather wholesale settlements — funds that commercial banks hold in accounts with the ECB and use to make payments to one another, writes forklog.com. Three models Schnabel first described these options in detail in an August speech at a symposium in Jackson Hole. There, she analysed