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HSBC, First Abu Dhabi to List Digital Bond on Abu Dhabi Securities Exchange

MT Newswires·07/03/2025 04:04:59
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04:04 AM EDT, 07/03/2025 (MT Newswires) -- HSBC Holdings (HSBA.L) teamed up with the Abu Dhabi Securities Exchange and First Abu Dhabi Bank to launch and list a digital bond. The companies commenced the pricing stage as the initial step toward listing of the distributed ledger technology-based bond, which will be issued by First Abu Dhabi Bank using the digital assets platform HSBC Orion, according to a Thursday release. The digital bond would be the first in the Middle East and North Africa region. British bank HSBC served as the sole bookrunner for the deal.