Deployments · platform by SWIAT

Natixis Pfandbriefbank digital registered covered bond on SWIATNew

A EUR 100 million registered covered bond (Namenspfandbrief) issued by Natixis Pfandbriefbank in August 2024 on SWIAT's private permissioned blockchain, which supplied the tokenisation software and settlement network. DekaBank bought the bond and acted as registrar and paying agent. The parties call it Germany's first digital registered covered bond.

Live (limited) since 28 Aug 2024^[1]i — One bilateral issue; tenor not disclosed, so whether it is still outstanding is unknown. · Reviewed 22d ago i

Assets

Debt security^[1]

Registered covered bond issued digitally on SWIAT

Networks

SWIAT Private, permissioned^[1]

Use cases i

Primary issuance^[1][2]

Jurisdictions

Germany

Participants

• Natixis PfandbriefbankIssuer^[1][2]Germany
• DekaBankInvestor, Transfer agent or registrar, Paying or settlement agent^[1][2]Germany
• SWIATPlatform provider, Technology provider^[1]Germany
• Clifford ChanceLegal or professional adviser^[2]United Kingdom

Likely relevant regulation i

• Electronic Securities Act (eWpG), GermanyGermany
• EU DLT Pilot RegimeEuropean Union

Assets

• IssuesNatixis Pfandbriefbank EUR 100m digital registered covered bond on SWIAT, 2024^[1]

Metrics i

• €100mDigital covered bond issued · as of Aug 2024^[1]

Timeline

1. Happened 28 Aug 2024 · Launch · recorded 17 Oct 2026
   Natixis Pfandbriefbank issues a EUR 100 million digital registered covered bond on SWIAT, bought by DekaBank as registrar and paying agent.^[1]

Sources i