European Stability Mechanism settles DLT-based bond on Pontes

27th October, 2026

Aravind Bulusu

The European Stability Mechanism (ESM) has launched the first digital benchmark bond issuance by a European supranational issuer, with Bundesbank acting as the issuing and paying agent and Clearstream operating as the Pontes Market distributed ledger technology (DLT) operator.

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ABN AMRO
Bank of America
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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP
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