Deployments · SIX Digital Exchange (SDX) · platform by SIX

UBS digital bond on SDXUpdated 28 Oct 2026

A CHF 375 million three-year senior unsecured UBS bond issued natively on SIX Digital Exchange in November 2022 and listed on both SDX and SIX Swiss Exchange. It carried the same terms and rating as UBS's conventional notes, settled atomically on SDX's ledger, and could also be held through SIX SIS. It matured in November 2025.

Inactive · matured or redeemed since 14 Nov 2025^[1]i — Single issue that ran to maturity; UBS said further issues depended on investor readiness. · Reviewed 22d ago i

Assets

Debt security^[1]

Three-year 2.33% CHF senior unsecured bond (CH1228837865)

Networks

SIX digital assets ledger Private, permissioned^[2]

Use cases i

Primary issuance^[1]Delivery versus payment (DvP)^[2]

Jurisdictions

Switzerland

Participants

• UBSIssuer^[1]Switzerland
• SIXPlatform provider, Operator, Depositary or trustee^[2]Switzerland
• HomburgerLegal or professional adviser^[4]Switzerland
• Lenz & StaehelinLegal or professional adviser^[5]Switzerland

Operates under

• FINMA licences for SIX Digital Exchange AG (central securities depository) and SDX Trading AG (stock exchange)Switzerland · Licence or charter^[3]

Likely relevant regulation i

• Swiss DLT Act (Federal Act on the Adaptation of Federal Law to Developments in Distributed Ledger Technology)Switzerland

Assets

• IssuesUBS CHF 375m 3-year digital bond on SDX, 2022^[1]

Metrics i

• CHF 375mDigital bonds issued · as of Nov 2022^[1]

Timeline

1. Happened 14 Nov 2025 · Retired · recorded 11 Oct 2026
   The bond reaches maturity.^[1]
2. Happened 14 Nov 2022 · Launch · recorded 11 Oct 2026
   The bond is issued.^[1]
3. Happened 3 Nov 2022 · Announcement · recorded 11 Oct 2026
   UBS launches a CHF 375 million digital bond for listing on SDX and SIX Swiss Exchange.^[2]

Sources i