According to Odaily, last week, the World Bank announced the issuance of digital bonds worth 200 million Swiss Francs on the SIX Digital Exchange (SDX). This latest bond issuance will push the total bond issuance on SDX, the first regulated digital securities exchange, beyond 1 billion Swiss Francs (approximately 1.1 billion USD). The partners involved in this operation include SIX Group, UBS, and the city of Lugano.
Previously, the World Bank had announced the pricing of digital bonds at 200 million Swiss Francs. These bonds are set to be issued on the SIX Digital Exchange (SDX) on June 11, and will be settled using Swiss Franc wholesale central bank digital currency (wholesale CBDC). As part of Project Helvetia, the Swiss National Bank (SNB) is currently piloting its wholesale CBDC on the SDX DLT platform. Some digital bonds have already been settled using this method.
