Core Insights - Doha Bank has successfully issued its first digitally native US dollar bond, amounting to $150 million in floating-rate notes, utilizing distributed ledger technology for instant settlement [1][8] - The bond was listed on the London Stock Exchange's International Securities Market and achieved same-day settlement through Euroclear's Digital Financial Market Infrastructure (D-FMI) [2][3] - This issuance represents a significant step in Qatar's efforts to modernize its capital markets infrastructure and reflects a growing trend in the Gulf region towards digital financial solutions [2][5] Company-Specific Highlights - Standard Chartered acted as the sole global coordinator and arranger for the bond issuance, overseeing its structuring, execution, and distribution [3][6] - The digital notes were issued, allocated, and settled in real time, contrasting with traditional securities that typically settle one or two days post-trading [3][4] - Doha Bank aims to diversify its sources of capital and expand its investor base through this issuance, aligning with broader funding strategies [4][5] Industry Trends - The transaction underscores rising institutional demand for digital issuance, which offers measurable operational efficiencies [6][8] - The use of regulated digital infrastructure, such as Euroclear's D-FMI, is moving beyond pilot projects into live market activities, indicating a shift in the industry towards permissioned distributed ledger systems over public blockchains for tokenized debt [6][7] - Regulated platforms provide issuers with benefits like instant settlement and automated recordkeeping while ensuring legal finality and compatibility with existing custody and clearing frameworks [7]