UK to pilot DIGIT issuance in Q1 2027 along with HSBC, LSEG

17th July, 2026

Aravind Bulusu
London Tower Bridge

Chancellor of the UK Exchequer Rachel Reeves said the first transaction of Digital Gilt Instrument (DIGIT) issuance will take place in the first quarter of 2027 on HSBC’s digital securities depository, HSBC Orion, following which the government will plan for further issuances.

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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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