Guotai Junan International Issues First Public Offering of Digitally Native Bonds by a Chinese Securities Firm, with a Size Not Exceeding $300 Million

According to official sources reported by Jinse Finance, Guotai Junan International Holdings Limited, a subsidiary of Guotai Haitong Group, has announced the issuance of its first digital native bond. This marks the first public digital native bond issued by a Chinese securities firm, with a total size not exceeding USD 300 million, utilizing HSBC Orion as the digital asset platform. Digital bonds are bonds issued using blockchain or distributed ledger technology, characterized by their digitalization, programmability, and automatic execution. They offer greater transparency and can reduce settlement risks and costs.