Deployments · platform by Marketnode

UOB digital bond pilot on MarketnodeNew

In June 2021 UOB became the first financial institution in Singapore to issue through Marketnode, the digital asset issuance, depository and servicing platform set up by Singapore Exchange and Temasek. Its SGD 600 million 2.55% perpetual Additional Tier 1 securities were tokenised on the platform as a pilot run in parallel with the conventional issuance process. No later UOB digital bond was found.

Pilot since Jun 2021^[1]i — A parallel digital run of one conventional issue; the ledger is not named. · Reviewed 13d ago i

Assets

Debt security^[1]

Perpetual AT1 capital securities tokenised alongside the conventional issue

Networks

Unknown ledger Not disclosed^[1]

The release says the platform uses distributed ledger technology but does not name it.

Use cases i

Primary issuance^[1]

Jurisdictions

Singapore

Participants

• UOBIssuer, Distributor, Arranger or dealer^[1]Singapore
• MarketnodePlatform provider, Operator, Depositary or trustee^[1]Singapore
• Credit SuisseDistributor, Arranger or dealer^[1]Switzerland
• HSBCDistributor, Arranger or dealer^[1]United Kingdom
• Standard CharteredDistributor, Arranger or dealer^[1]United Kingdom

Assets

• IssuesUOB SGD 600m 2.55% perpetual AT1 securities piloted on Marketnode, 2021^[1]

Metrics i

• S$600mBond piloted on Marketnode · as of Jun 2021^[1]

Timeline

1. Happened 16 Jun 2021 · Launch · recorded 17 Oct 2026
   UOB pilots the digital issuance of its SGD 600 million perpetual AT1 securities on Marketnode, in parallel with the conventional process.^[1]

Sources i