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EU decides to use income from frozen Russian assets to help Ukraine

EU leaders have approved plans to allocate billions of euros obtained from frozen Russian assets to help Ukraine, and the European Commission, as expected, will make corresponding legal proposals at the beginning of December. ....

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Russia's frozen cash earns E3 billion as EU haggles over how to tap it

Sanctioned Russian assets frozen in Belgium have generated nearly E3 billion in profits as European Union states continue to haggle over what… ....

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Euroclear Launches Digital Securities Issuance and Settles €100 Million World Bank Bond

Euroclear, an established securities settlement house, has launched its Digital Securities Issuance (D-SI) service. ....

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Citi Acts as First Issuing and Paying Agent for World Bank on Euroclear's New D-FMI DLT Platform

LONDON, October 24, 2023 Citi’s Issuer Services, a part of Securities Services, today acted as the Issuing and Paying Agent for the first Digitally Native Note (DNN) issuance under English Law via Euroclear’s Digital Financial Market Infrastructure (D-FMI) distributed ledger technology (DLT) platform. The EUR 100 million 3-year DNN was issued by the World Bank - International Bank for Reconstruction and Development (IBRD) - (rated Aaa/AAA) and listed on the Luxembourg Stock Exchange. ....

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Citi, Euroclear, and World Bank issue first digital bond under English law

Citi, Euroclear, and World Bank issue first digital bond under English law
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